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

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.36 and last traded at $47.3350, with a volume of 151517 shares trading hands. The stock had previously closed at $46.70.

Schwab Fundamental International Equity ETF Price Performance

The company has a market capitalization of $20.42 billion, a P/E ratio of 12.54 and a beta of 0.79. The firm’s 50-day moving average is $45.26 and its 200-day moving average is $43.37.

Institutional Trading of Schwab Fundamental International Equity ETF

Hedge funds have recently bought and sold shares of the stock. Arkadios Wealth Advisors purchased a new position in shares of Schwab Fundamental International Equity ETF during the 2nd quarter valued at about $261,000. Vise Technologies Inc. purchased a new stake in Schwab Fundamental International Equity ETF in the 2nd quarter worth approximately $9,370,000. Capital Advantage Inc. raised its stake in Schwab Fundamental International Equity ETF by 1.2% during the 3rd quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock worth $45,600,000 after acquiring an additional 12,241 shares during the period. Boyce & Associates Wealth Consulting Inc. purchased a new position in Schwab Fundamental International Equity ETF during the third quarter valued at approximately $781,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of Schwab Fundamental International Equity ETF by 38.2% in the second quarter. Geneos Wealth Management Inc. now owns 634,967 shares of the company’s stock worth $25,411,000 after purchasing an additional 175,391 shares during the period.

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.