Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Reaches New 52-Week High – Here’s Why

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s stock price reached a new 52-week high on Thursday . The company traded as high as $55.60 and last traded at $55.41, with a volume of 1488353 shares traded. The stock had previously closed at $55.08.

Schwab Fundamental International Equity ETF Trading Up 0.6%

The company has a market capitalization of $25.58 billion, a P/E ratio of 12.54 and a beta of 0.71. The company’s 50 day moving average is $53.44 and its 200-day moving average is $51.80.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FNDF. Financial Life Planners purchased a new position in shares of Schwab Fundamental International Equity ETF during the first quarter valued at approximately $25,000. Navalign LLC purchased a new stake in shares of Schwab Fundamental International Equity ETF in the 4th quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new stake in shares of Schwab Fundamental International Equity ETF in the 3rd quarter worth approximately $26,000. Golden State Wealth Management LLC increased its position in Schwab Fundamental International Equity ETF by 76.5% during the 4th quarter. Golden State Wealth Management LLC now owns 607 shares of the company’s stock valued at $27,000 after buying an additional 263 shares in the last quarter. Finally, TD Capital Management LLC bought a new position in Schwab Fundamental International Equity ETF during the 4th quarter valued at approximately $36,000.

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.