Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Reaches New 12-Month High – Still a Buy?

Shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) reached a new 52-week high on Wednesday . The stock traded as high as $51.33 and last traded at $51.15, with a volume of 11931 shares. The stock had previously closed at $50.86.

Schwab Fundamental International Small Equity ETF Stock Performance

The business’s fifty day moving average price is $49.13 and its 200-day moving average price is $48.75. The stock has a market cap of $3.17 billion, a PE ratio of 13.87 and a beta of 0.75.

Institutional Investors Weigh In On Schwab Fundamental International Small Equity ETF

A number of large investors have recently added to or reduced their stakes in FNDC. Comerica Bank increased its stake in shares of Schwab Fundamental International Small Equity ETF by 13.5% in the fourth quarter. Comerica Bank now owns 2,110 shares of the company’s stock worth $94,000 after purchasing an additional 251 shares in the last quarter. Captrust Financial Advisors boosted its holdings in Schwab Fundamental International Small Equity ETF by 3.3% in the 4th quarter. Captrust Financial Advisors now owns 7,793 shares of the company’s stock worth $347,000 after buying an additional 251 shares during the period. Clarity Capital Advisors LLC boosted its holdings in Schwab Fundamental International Small Equity ETF by 3.4% in the 4th quarter. Clarity Capital Advisors LLC now owns 7,954 shares of the company’s stock worth $354,000 after buying an additional 265 shares during the period. Vermillion Wealth Management Inc. increased its stake in Schwab Fundamental International Small Equity ETF by 13.4% in the 1st quarter. Vermillion Wealth Management Inc. now owns 2,526 shares of the company’s stock worth $117,000 after buying an additional 299 shares in the last quarter. Finally, IFG Advisory LLC increased its stake in Schwab Fundamental International Small Equity ETF by 7.1% in the 4th quarter. IFG Advisory LLC now owns 5,005 shares of the company’s stock worth $223,000 after buying an additional 333 shares in the last quarter.

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.