Pallas Capital Advisors LLC Increases Stake in Schwab Fundamental International Equity ETF $FNDF

Pallas Capital Advisors LLC lifted its position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 4.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 800,823 shares of the company’s stock after buying an additional 31,959 shares during the period. Schwab Fundamental International Equity ETF accounts for 1.3% of Pallas Capital Advisors LLC’s portfolio, making the stock its 11th biggest position. Pallas Capital Advisors LLC’s holdings in Schwab Fundamental International Equity ETF were worth $34,403,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Schwab Fundamental International Equity ETF by 20.6% in the 4th quarter. Brighton Jones LLC now owns 11,667 shares of the company’s stock valued at $387,000 after purchasing an additional 1,989 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in Schwab Fundamental International Equity ETF during the fourth quarter valued at approximately $419,000. AQR Capital Management LLC raised its stake in Schwab Fundamental International Equity ETF by 45.5% in the first quarter. AQR Capital Management LLC now owns 28,244 shares of the company’s stock worth $1,021,000 after buying an additional 8,829 shares in the last quarter. US Bancorp DE lifted its holdings in Schwab Fundamental International Equity ETF by 23.1% during the second quarter. US Bancorp DE now owns 14,945 shares of the company’s stock worth $598,000 after buying an additional 2,800 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new stake in Schwab Fundamental International Equity ETF during the second quarter worth $354,000.

Schwab Fundamental International Equity ETF Trading Up 0.5%

Shares of NYSEARCA FNDF opened at $51.43 on Monday. Schwab Fundamental International Equity ETF has a 12-month low of $31.92 and a 12-month high of $51.76. The stock’s fifty day simple moving average is $47.00 and its two-hundred day simple moving average is $44.49. The stock has a market capitalization of $22.39 billion, a PE ratio of 12.54 and a beta of 0.79.

Schwab Fundamental International Equity ETF 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.