Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Hits New 1-Year High – Still a Buy?

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $45.44 and last traded at $45.3450, with a volume of 15876 shares. The stock had previously closed at $45.16.

Schwab Fundamental International Small Equity ETF Trading Up 0.4%

The company has a market cap of $3.05 billion, a price-to-earnings ratio of 13.87 and a beta of 0.81. The firm has a 50-day moving average price of $44.41 and a 200 day moving average price of $43.16.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FNDC. Opes Wealth Management LLC grew its position in shares of Schwab Fundamental International Small Equity ETF by 3.8% during the 3rd quarter. Opes Wealth Management LLC now owns 216,744 shares of the company’s stock valued at $9,647,000 after buying an additional 7,906 shares during the last quarter. Cherry Tree Wealth Management LLC boosted its stake in Schwab Fundamental International Small Equity ETF by 3.1% in the third quarter. Cherry Tree Wealth Management LLC now owns 179,518 shares of the company’s stock valued at $7,990,000 after acquiring an additional 5,445 shares during the period. Advisory Services Network LLC bought a new position in shares of Schwab Fundamental International Small Equity ETF during the third quarter valued at approximately $188,000. Palisade Asset Management LLC acquired a new stake in shares of Schwab Fundamental International Small Equity ETF during the 3rd quarter worth approximately $43,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Schwab Fundamental International Small Equity ETF by 5.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 28,273 shares of the company’s stock worth $1,258,000 after purchasing an additional 1,419 shares during the period.

Schwab Fundamental International Small Equity ETF Company 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.