Charles Schwab Investment Management Inc. Reduces Stock Position in Schwab Fundamental International Small Equity ETF $FNDC

Charles Schwab Investment Management Inc. decreased its position in Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) by 35.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,093,504 shares of the company’s stock after selling 16,680,311 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.43% of Schwab Fundamental International Small Equity ETF worth $1,265,432,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FNDC. RMG Wealth Management LLC bought a new stake in shares of Schwab Fundamental International Small Equity ETF in the second quarter worth about $39,000. Howe & Rusling Inc. lifted its holdings in Schwab Fundamental International Small Equity ETF by 33.4% in the 2nd quarter. Howe & Rusling Inc. now owns 1,215 shares of the company’s stock worth $51,000 after buying an additional 304 shares during the period. SouthState Corp bought a new stake in shares of Schwab Fundamental International Small Equity ETF in the 1st quarter worth approximately $67,000. Godsey & Gibb Inc. purchased a new position in shares of Schwab Fundamental International Small Equity ETF during the second quarter valued at approximately $69,000. Finally, AlphaCore Capital LLC raised its holdings in shares of Schwab Fundamental International Small Equity ETF by 303.2% during the second quarter. AlphaCore Capital LLC now owns 1,992 shares of the company’s stock valued at $84,000 after acquiring an additional 1,498 shares in the last quarter.

Schwab Fundamental International Small Equity ETF Stock Up 1.7%

Shares of FNDC stock opened at $43.67 on Friday. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 13.87 and a beta of 0.81. The stock has a fifty day moving average of $44.40 and a 200 day moving average of $42.82. Schwab Fundamental International Small Equity ETF has a 52 week low of $32.61 and a 52 week high of $45.42.

Schwab Fundamental International Small Equity ETF Profile

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.