Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Sets New 12-Month High – Here’s Why

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $50.05 and last traded at $50.02, with a volume of 221731 shares traded. The stock had previously closed at $49.56.

Schwab Fundamental International Small Equity ETF Stock Up 0.2%

The stock has a market capitalization of $3.37 billion, a price-to-earnings ratio of 13.87 and a beta of 0.81. The stock has a 50 day moving average price of $46.22 and a 200 day moving average price of $44.88.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

Several large investors have recently modified their holdings of FNDC. Blue Trust Inc. bought a new stake in shares of Schwab Fundamental International Small Equity ETF in the third quarter worth $29,000. Litman Gregory Wealth Management LLC acquired a new stake in shares of Schwab Fundamental International Small Equity ETF in the fourth quarter valued at about $33,000. Ares Financial Consulting LLC bought a new position in shares of Schwab Fundamental International Small Equity ETF during the fourth quarter worth about $35,000. Mather Group LLC. acquired a new position in shares of Schwab Fundamental International Small Equity ETF in the third quarter worth approximately $43,000. Finally, Palisade Asset Management LLC bought a new stake in Schwab Fundamental International Small Equity ETF in the third quarter valued at approximately $43,000.

About Schwab Fundamental International Small Equity ETF

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.