Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sets New 1-Year High – Should You Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $54.45 and last traded at $54.31, with a volume of 1068814 shares. The stock had previously closed at $53.37.

Schwab Fundamental International Equity ETF Trading Up 0.2%

The business has a fifty day moving average price of $51.18 and a 200-day moving average price of $48.67. The stock has a market capitalization of $24.22 billion, a PE ratio of 12.54 and a beta of 0.69.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Security Financial Services INC. increased its holdings in shares of Schwab Fundamental International Equity ETF by 2.3% in the first quarter. Security Financial Services INC. now owns 12,465 shares of the company’s stock worth $610,000 after buying an additional 279 shares during the period. Glenmede Trust Co. NA boosted its holdings in Schwab Fundamental International Equity ETF by 6.7% during the 1st quarter. Glenmede Trust Co. NA now owns 39,001 shares of the company’s stock valued at $1,908,000 after acquiring an additional 2,439 shares during the period. Essential Partners LLC boosted its holdings in Schwab Fundamental International Equity ETF by 23.0% during the 1st quarter. Essential Partners LLC now owns 75,579 shares of the company’s stock valued at $3,698,000 after acquiring an additional 14,155 shares during the period. J. Derek Lewis & Associates Inc. boosted its holdings in Schwab Fundamental International Equity ETF by 2.0% during the 1st quarter. J. Derek Lewis & Associates Inc. now owns 12,501 shares of the company’s stock valued at $612,000 after acquiring an additional 244 shares during the period. Finally, January Capital Advisors LLC purchased a new stake in Schwab Fundamental International Equity ETF during the 1st quarter valued at about $1,822,000.

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.