Keudell Morrison Wealth Management Takes Position in Schwab Fundamental International Equity ETF $FNDF

Keudell Morrison Wealth Management acquired a new stake in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 433,575 shares of the company’s stock, valued at approximately $19,602,000. Schwab Fundamental International Equity ETF comprises about 4.1% of Keudell Morrison Wealth Management’s portfolio, making the stock its 4th largest position.

A number of other hedge funds have also made changes to their positions in FNDF. Brighton Jones LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 20.6% during the 4th quarter. Brighton Jones LLC now owns 11,667 shares of the company’s stock valued at $387,000 after acquiring an additional 1,989 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Schwab Fundamental International Equity ETF during the 4th quarter valued at about $419,000. AQR Capital Management LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 45.5% during the 1st quarter. AQR Capital Management LLC now owns 28,244 shares of the company’s stock valued at $1,021,000 after acquiring an additional 8,829 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 3.9% during the 2nd quarter. Cerity Partners LLC now owns 110,576 shares of the company’s stock valued at $4,425,000 after acquiring an additional 4,160 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 15.9% during the 2nd quarter. NewEdge Advisors LLC now owns 99,351 shares of the company’s stock valued at $3,976,000 after acquiring an additional 13,637 shares during the last quarter.

Schwab Fundamental International Equity ETF Stock Performance

Shares of NYSEARCA FNDF opened at $53.65 on Friday. The firm has a market cap of $23.97 billion, a price-to-earnings ratio of 12.54 and a beta of 0.69. The business’s 50-day simple moving average is $50.67 and its 200-day simple moving average is $48.32. Schwab Fundamental International Equity ETF has a 52 week low of $38.30 and a 52 week high of $53.78.

About Schwab Fundamental International Equity ETF

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.