Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) Sets New 52-Week High – Should You Buy?

Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $37.97 and last traded at $37.90, with a volume of 56395 shares traded. The stock had previously closed at $37.76.

Schwab Fundamental International Large Company Index ETF Trading Up 0.1%

The business has a 50 day moving average of $36.23 and a 200-day moving average of $35.23. The stock has a market cap of $15.38 billion, a PE ratio of 12.55 and a beta of 0.75.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. UMB Bank n.a. acquired a new stake in shares of Schwab Fundamental International Large Company Index ETF in the 4th quarter valued at approximately $25,000. Blue Trust Inc. raised its holdings in Schwab Fundamental International Large Company Index ETF by 1,842.5% during the fourth quarter. Blue Trust Inc. now owns 777 shares of the company’s stock worth $26,000 after purchasing an additional 737 shares during the last quarter. Spire Wealth Management raised its holdings in Schwab Fundamental International Large Company Index ETF by 255.8% during the fourth quarter. Spire Wealth Management now owns 861 shares of the company’s stock worth $29,000 after purchasing an additional 619 shares during the last quarter. BankPlus Trust Department acquired a new position in Schwab Fundamental International Large Company Index ETF during the fourth quarter worth $29,000. Finally, WASHINGTON TRUST Co acquired a new position in Schwab Fundamental International Large Company Index ETF during the fourth quarter worth $30,000.

About Schwab Fundamental International Large Company Index 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.