Clarkston Capital Partners LLC Sells 227,149 Shares of Schwab Fundamental International Equity ETF $FNDF

Clarkston Capital Partners LLC cut its position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 82.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,977 shares of the company’s stock after selling 227,149 shares during the period. Clarkston Capital Partners LLC’s holdings in Schwab Fundamental International Equity ETF were worth $2,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of FNDF. Auto Owners Insurance Co increased its stake in Schwab Fundamental International Equity ETF by 5,991.6% in the 4th quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock worth $7,444,071,000 after buying an additional 161,952,400 shares in the last quarter. Morgan Stanley raised its holdings in Schwab Fundamental International Equity ETF by 39.2% during the fourth quarter. Morgan Stanley now owns 8,650,706 shares of the company’s stock valued at $391,098,000 after acquiring an additional 2,435,053 shares during the period. Bank of America Corp DE lifted its position in shares of Schwab Fundamental International Equity ETF by 4.1% in the third quarter. Bank of America Corp DE now owns 7,217,494 shares of the company’s stock valued at $310,064,000 after acquiring an additional 282,207 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Schwab Fundamental International Equity ETF by 1.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,040,807 shares of the company’s stock valued at $259,513,000 after acquiring an additional 85,424 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Schwab Fundamental International Equity ETF by 1.2% in the fourth quarter. Wells Fargo & Company MN now owns 5,983,471 shares of the company’s stock worth $270,513,000 after acquiring an additional 68,387 shares during the period.

Schwab Fundamental International Equity ETF Trading Down 0.9%

NYSEARCA:FNDF opened at $52.94 on Friday. Schwab Fundamental International Equity ETF has a 12-month low of $39.67 and a 12-month high of $55.17. The stock has a 50-day moving average price of $53.34 and a 200 day moving average price of $51.07. The stock has a market capitalization of $24.38 billion, a P/E ratio of 12.54 and a beta of 0.71.

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.