Monetary Solutions Ltd Invests $443,000 in Schwab Fundamental International Equity ETF $FNDF

Monetary Solutions Ltd purchased a new stake in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 9,791 shares of the company’s stock, valued at approximately $443,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Catalyst Investment Management LLC acquired a new stake in Schwab Fundamental International Equity ETF during the 4th quarter worth about $295,000. BFI Wealth Solutions LLC acquired a new position in shares of Schwab Fundamental International Equity ETF in the 4th quarter valued at about $3,655,000. Birchwood Financial Partners Inc. bought a new stake in shares of Schwab Fundamental International Equity ETF during the 4th quarter valued at about $4,516,000. Mercer Global Advisors Inc. ADV boosted its position in shares of Schwab Fundamental International Equity ETF by 26.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 139,195 shares of the company’s stock valued at $6,293,000 after purchasing an additional 29,224 shares in the last quarter. Finally, Beacon Pointe Advisors LLC grew its stake in Schwab Fundamental International Equity ETF by 26.8% during the fourth quarter. Beacon Pointe Advisors LLC now owns 113,357 shares of the company’s stock worth $5,125,000 after purchasing an additional 23,958 shares during the period.

Schwab Fundamental International Equity ETF Stock Performance

Shares of FNDF opened at $54.12 on Friday. Schwab Fundamental International Equity ETF has a 52-week low of $38.75 and a 52-week high of $55.17. The business’s 50 day moving average price is $52.81 and its two-hundred day moving average price is $49.69. The firm has a market cap of $24.18 billion, a PE ratio of 12.54 and a beta of 0.70.

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.