Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Reaches New 1-Year High – Here’s Why

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $47.36 and last traded at $47.3350, with a volume of 151517 shares trading hands. The stock had previously closed at $46.70.

Schwab Fundamental International Equity ETF Price Performance

The company has a market capitalization of $20.42 billion, a P/E ratio of 12.54 and a beta of 0.79. The firm has a fifty day moving average price of $45.26 and a 200-day moving average price of $43.37.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Several large investors have recently added to or reduced their stakes in FNDF. Arkadios Wealth Advisors bought a new stake in Schwab Fundamental International Equity ETF in the 2nd quarter worth about $261,000. Vise Technologies Inc. bought a new stake in shares of Schwab Fundamental International Equity ETF in the second quarter worth approximately $9,370,000. Capital Advantage Inc. lifted its position in Schwab Fundamental International Equity ETF by 1.2% during the third quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock valued at $45,600,000 after purchasing an additional 12,241 shares during the period. Boyce & Associates Wealth Consulting Inc. bought a new stake in Schwab Fundamental International Equity ETF in the 3rd quarter worth approximately $781,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Schwab Fundamental International Equity ETF by 38.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 634,967 shares of the company’s stock worth $25,411,000 after buying an additional 175,391 shares during 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.