Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Short Interest Down 34.6% in August

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,519,271 shares, a decrease of 34.6% from the July 30th total of 2,324,407 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 1,420,567 shares, the days-to-cover ratio is presently 1.1 days.

Schwab Fundamental International Equity ETF Trading Up 0.5%

Shares of Schwab Fundamental International Equity ETF stock opened at $55.55 on Thursday. The firm’s 50 day moving average is $54.03 and its 200 day moving average is $52.44. The firm has a market capitalization of $25.64 billion, a PE ratio of 12.54 and a beta of 0.71. Schwab Fundamental International Equity ETF has a 1 year low of $41.67 and a 1 year high of $55.97.

Institutional Trading of Schwab Fundamental International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Auto Owners Insurance Co lifted its stake in shares of Schwab Fundamental International Equity ETF by 5,991.6% in the 4th quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock valued at $7,444,071,000 after acquiring an additional 161,952,400 shares during the last quarter. Boulay Financial Advisors LLC acquired a new stake in shares of Schwab Fundamental International Equity ETF during the 4th quarter valued at $111,276,000. Morgan Stanley grew its position in Schwab Fundamental International Equity ETF by 39.2% during the 4th quarter. Morgan Stanley now owns 8,650,706 shares of the company’s stock worth $391,098,000 after acquiring an additional 2,435,053 shares during the last quarter. Corient Private Wealth LLC grew its position in Schwab Fundamental International Equity ETF by 81.4% during the 2nd quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock worth $208,257,000 after acquiring an additional 2,335,173 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in Schwab Fundamental International Equity ETF by 320.4% in the 2nd quarter. Captrust Financial Advisors now owns 2,611,073 shares of the company’s stock worth $104,495,000 after purchasing an additional 1,989,972 shares in the last quarter.

Schwab Fundamental International Equity ETF Company Profile

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors. FNDF was launched on Aug 15, 2013 and is managed by Charles Schwab.