Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sets New 12-Month High – What’s Next?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $46.50 and last traded at $46.4580, with a volume of 557 shares trading hands. The stock had previously closed at $46.12.

Schwab Fundamental International Equity ETF Stock Performance

The stock has a market cap of $20.08 billion, a PE ratio of 12.54 and a beta of 0.79. The business has a 50 day moving average price of $44.81 and a two-hundred day moving average price of $42.93.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Several large investors have recently made changes to their positions in the business. Auto Owners Insurance Co raised its stake in shares of Schwab Fundamental International Equity ETF by 788.6% in the second quarter. Auto Owners Insurance Co now owns 8,353,000 shares of the company’s stock valued at $333,828,000 after buying an additional 7,413,025 shares during the period. Corient Private Wealth LLC raised its stake in Schwab Fundamental International Equity ETF by 81.4% in the 2nd quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock valued at $208,257,000 after acquiring an additional 2,335,173 shares during the period. Captrust Financial Advisors raised its stake 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 valued at $104,495,000 after acquiring an additional 1,989,972 shares during the period. AlphaCore Capital LLC lifted its holdings in Schwab Fundamental International Equity ETF by 28,780.4% during the second quarter. AlphaCore Capital LLC now owns 1,710,588 shares of the company’s stock valued at $68,458,000 after purchasing an additional 1,704,665 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Schwab Fundamental International Equity ETF by 21.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,955,383 shares of the company’s stock valued at $238,334,000 after purchasing an additional 1,056,916 shares during the last quarter.

About Schwab Fundamental International Equity ETF

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.