Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Sets New 12-Month High – Still a Buy?

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC)’s share price reached a new 52-week high on Friday . The company traded as high as $48.42 and last traded at $48.37, with a volume of 178727 shares traded. The stock had previously closed at $47.47.

Schwab Fundamental International Small Equity ETF Stock Up 1.9%

The company has a 50-day moving average price of $45.70 and a 200-day moving average price of $44.61. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 13.87 and a beta of 0.81.

Institutional Investors Weigh In On Schwab Fundamental International Small Equity ETF

Several hedge funds have recently modified their holdings of the business. Hardin Capital Partners LLC increased its position in Schwab Fundamental International Small Equity ETF by 0.8% during the fourth quarter. Hardin Capital Partners LLC now owns 26,880 shares of the company’s stock worth $1,197,000 after acquiring an additional 225 shares during the period. Comerica Bank grew its position in Schwab Fundamental International Small Equity ETF by 13.5% in the 4th quarter. Comerica Bank now owns 2,110 shares of the company’s stock worth $94,000 after purchasing an additional 251 shares during the last quarter. Cabot Wealth Management Inc. increased its holdings in shares of Schwab Fundamental International Small Equity ETF by 0.5% during the 3rd quarter. Cabot Wealth Management Inc. now owns 57,206 shares of the company’s stock worth $2,546,000 after purchasing an additional 263 shares during the period. Howe & Rusling Inc. increased its holdings in shares of Schwab Fundamental International Small Equity ETF by 33.4% during the 2nd quarter. Howe & Rusling Inc. now owns 1,215 shares of the company’s stock worth $51,000 after purchasing an additional 304 shares during the period. Finally, Traub Capital Management LLC raised its position in shares of Schwab Fundamental International Small Equity ETF by 1.3% during the fourth quarter. Traub Capital Management LLC now owns 28,167 shares of the company’s stock valued at $1,255,000 after buying an additional 353 shares during the last quarter.

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.