Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Reaches New 1-Year High – Time to Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $53.20 and last traded at $53.14, with a volume of 247171 shares. The stock had previously closed at $52.07.

Schwab Fundamental International Equity ETF Stock Up 2.0%

The stock has a market cap of $23.73 billion, a price-to-earnings ratio of 12.54 and a beta of 0.69. The company’s 50-day moving average is $50.12 and its 200-day moving average is $47.55.

Institutional Trading of Schwab Fundamental International Equity ETF

Several hedge funds have recently modified their holdings of the company. Clune & Associates LTD. increased its holdings in shares of Schwab Fundamental International Equity ETF by 2.7% during the fourth quarter. Clune & Associates LTD. now owns 7,747 shares of the company’s stock worth $350,000 after buying an additional 204 shares in the last quarter. Signature Resources Capital Management LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 17.4% during the first quarter. Signature Resources Capital Management LLC now owns 1,401 shares of the company’s stock worth $69,000 after buying an additional 208 shares in the last quarter. Front Row Advisors LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 3.7% during the fourth quarter. Front Row Advisors LLC now owns 5,924 shares of the company’s stock worth $268,000 after buying an additional 210 shares in the last quarter. World Investment Advisors increased its holdings in shares of Schwab Fundamental International Equity ETF by 2.3% during the first quarter. World Investment Advisors now owns 9,404 shares of the company’s stock worth $460,000 after buying an additional 212 shares in the last quarter. Finally, Private Trust Co. NA increased its holdings in shares of Schwab Fundamental International Equity ETF by 10.7% during the fourth quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock worth $100,000 after buying an additional 213 shares in the last quarter.

About Schwab Fundamental International Equity ETF

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.