Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sets New 52-Week High – Still a Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) reached a new 52-week high on Friday . The company traded as high as $51.83 and last traded at $51.7130, with a volume of 1427138 shares. The stock had previously closed at $51.41.

Schwab Fundamental International Equity ETF Trading Up 0.8%

The company has a market capitalization of $22.57 billion, a P/E ratio of 12.54 and a beta of 0.79. The stock has a 50 day moving average price of $47.63 and a 200 day moving average price of $44.86.

Institutional Trading of Schwab Fundamental International Equity ETF

Hedge funds have recently made changes to their positions in the company. Catalyst Investment Management LLC acquired a new position in shares of Schwab Fundamental International Equity ETF in the fourth quarter valued at approximately $295,000. BFI Wealth Solutions LLC bought a new stake in Schwab Fundamental International Equity ETF during the 4th quarter worth approximately $3,655,000. Birchwood Financial Partners Inc. bought a new stake in Schwab Fundamental International Equity ETF during the 4th quarter worth approximately $4,516,000. Mercer Global Advisors Inc. ADV increased its position in Schwab Fundamental International Equity ETF by 26.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 139,195 shares of the company’s stock valued at $6,293,000 after acquiring an additional 29,224 shares during the period. Finally, Beacon Pointe Advisors LLC increased its position in Schwab Fundamental International Equity ETF by 26.8% in the 4th quarter. Beacon Pointe Advisors LLC now owns 113,357 shares of the company’s stock valued at $5,125,000 after acquiring an additional 23,958 shares during the period.

Schwab Fundamental International Equity ETF Company Profile

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.