Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Sets New 1-Year High – What’s Next?

Shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) reached a new 52-week high on Wednesday . The company traded as high as $50.83 and last traded at $50.79, with a volume of 5658 shares. The stock had previously closed at $50.37.

Schwab Fundamental International Small Equity ETF Trading Up 0.6%

The firm’s fifty day moving average price is $49.07 and its 200-day moving average price is $48.59. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 13.87 and a beta of 0.75.

Institutional Investors Weigh In On Schwab Fundamental International Small Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FNDC. Allied Private Wealth LLC acquired a new position in Schwab Fundamental International Small Equity ETF in the second quarter valued at $26,000. Breakwater Capital Group lifted its holdings in shares of Schwab Fundamental International Small Equity ETF by 9.5% in the 2nd quarter. Breakwater Capital Group now owns 190,984 shares of the company’s stock valued at $9,274,000 after purchasing an additional 16,529 shares during the last quarter. Hardin Capital Partners LLC lifted its holdings in shares of Schwab Fundamental International Small Equity ETF by 4.4% in the 2nd quarter. Hardin Capital Partners LLC now owns 28,209 shares of the company’s stock valued at $1,369,000 after purchasing an additional 1,195 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of Schwab Fundamental International Small Equity ETF by 7.6% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 122,489 shares of the company’s stock valued at $5,948,000 after purchasing an additional 8,682 shares during the period. Finally, Collective Family Office LLC boosted its position in shares of Schwab Fundamental International Small Equity ETF by 2.6% in the 2nd quarter. Collective Family Office LLC now owns 252,308 shares of the company’s stock valued at $12,252,000 after purchasing an additional 6,468 shares during the period.

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.