Sequoia Financial Advisors LLC Sells 171,431 Shares of Schwab Fundamental International Equity ETF $FNDF

Sequoia Financial Advisors LLC decreased its stake in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 25.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 502,402 shares of the company’s stock after selling 171,431 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab Fundamental International Equity ETF were worth $20,106,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Dunhill Financial LLC bought a new stake in shares of Schwab Fundamental International Equity ETF during the 1st quarter worth about $30,000. Mogy Joel R Investment Counsel Inc. acquired a new position in shares of Schwab Fundamental International Equity ETF during the 2nd quarter worth approximately $33,000. ROSS JOHNSON & Associates LLC bought a new position in shares of Schwab Fundamental International Equity ETF during the first quarter worth approximately $44,000. Hoey Investments Inc. increased its holdings in shares of Schwab Fundamental International Equity ETF by 985.0% during the second quarter. Hoey Investments Inc. now owns 1,302 shares of the company’s stock worth $52,000 after purchasing an additional 1,182 shares during the period. Finally, Operose Advisors LLC acquired a new stake in shares of Schwab Fundamental International Equity ETF in the first quarter valued at approximately $48,000.

Schwab Fundamental International Equity ETF Trading Down 2.0%

NYSEARCA FNDF opened at $42.35 on Monday. Schwab Fundamental International Equity ETF has a 1-year low of $31.92 and a 1-year high of $43.90. The company has a 50 day moving average of $42.41 and a 200-day moving average of $39.74. The company has a market cap of $17.55 billion, a price-to-earnings ratio of 12.54 and a beta of 0.86.

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.