Sound Portfolio Advisors LLC Invests $17.43 Million in Schwab Fundamental International Equity ETF $FNDF

Sound Portfolio Advisors LLC bought a new position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 385,611 shares of the company’s stock, valued at approximately $17,433,000. Schwab Fundamental International Equity ETF comprises about 14.6% of Sound Portfolio Advisors LLC’s portfolio, making the stock its 3rd largest position. Sound Portfolio Advisors LLC owned approximately 0.09% of Schwab Fundamental International Equity ETF as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab Fundamental International Equity ETF by 3.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 18,458,748 shares of the company’s stock worth $855,753,000 after acquiring an additional 632,562 shares during the last quarter. Bank of America Corp DE grew its stake 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 worth $310,064,000 after acquiring an additional 282,207 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake 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 worth $259,513,000 after acquiring an additional 85,424 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Schwab Fundamental International Equity ETF by 81.4% in the second quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock worth $208,257,000 after acquiring an additional 2,335,173 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of Schwab Fundamental International Equity ETF by 21.1% in the third quarter. Captrust Financial Advisors now owns 3,162,371 shares of the company’s stock worth $135,855,000 after acquiring an additional 551,298 shares during the last quarter.

Schwab Fundamental International Equity ETF Trading Down 2.0%

NYSEARCA FNDF opened at $52.57 on Friday. The stock has a market cap of $23.49 billion, a P/E ratio of 12.54 and a beta of 0.69. Schwab Fundamental International Equity ETF has a 12 month low of $38.06 and a 12 month high of $53.78. The stock’s fifty day moving average price is $50.35 and its 200-day moving average price is $48.04.

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.