Simplicity Wealth LLC Invests $479,000 in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)

Simplicity Wealth LLC acquired a new stake in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 13,266 shares of the company’s stock, valued at approximately $479,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of FNDF. Charles Schwab Investment Management Inc. increased its position in shares of Schwab Fundamental International Equity ETF by 7.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 148,029,946 shares of the company’s stock valued at $4,916,075,000 after acquiring an additional 10,073,915 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Schwab Fundamental International Equity ETF by 7.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 17,952,297 shares of the company’s stock valued at $596,196,000 after purchasing an additional 1,297,835 shares during the last quarter. Bank of America Corp DE raised its position in Schwab Fundamental International Equity ETF by 4.0% in the fourth quarter. Bank of America Corp DE now owns 5,871,144 shares of the company’s stock valued at $194,981,000 after purchasing an additional 225,589 shares during the period. Ameriprise Financial Inc. raised its position in Schwab Fundamental International Equity ETF by 12.9% in the fourth quarter. Ameriprise Financial Inc. now owns 4,036,274 shares of the company’s stock valued at $134,057,000 after purchasing an additional 461,318 shares during the period. Finally, LPL Financial LLC lifted its stake in Schwab Fundamental International Equity ETF by 26.6% during the fourth quarter. LPL Financial LLC now owns 1,564,345 shares of the company’s stock worth $51,952,000 after purchasing an additional 328,540 shares in the last quarter.

Schwab Fundamental International Equity ETF Trading Up 0.2%

FNDF opened at $39.63 on Thursday. The firm has a market cap of $16.17 billion, a price-to-earnings ratio of 13.17 and a beta of 0.78. The stock’s 50-day moving average price is $37.28 and its 200 day moving average price is $35.78. Schwab Fundamental International Equity ETF has a 12-month low of $31.92 and a 12-month high of $39.76.

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.