Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Hits New 1-Year High – Still a Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $54.45 and last traded at $54.31, with a volume of 1068814 shares trading hands. The stock had previously closed at $53.37.

Schwab Fundamental International Equity ETF Stock Up 1.8%

The firm has a fifty day moving average of $50.98 and a 200 day moving average of $48.53. The stock has a market cap of $24.27 billion, a PE ratio of 12.54 and a beta of 0.69.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

Hedge funds have recently made changes to their positions in the company. Dynamic Advisor Solutions LLC grew its holdings in shares of Schwab Fundamental International Equity ETF by 3.8% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 713,497 shares of the company’s stock worth $32,257,000 after purchasing an additional 26,369 shares during the last quarter. Arlington Financial Advisors LLC grew its holdings in shares of Schwab Fundamental International Equity ETF by 2.2% during the fourth quarter. Arlington Financial Advisors LLC now owns 808,487 shares of the company’s stock worth $36,552,000 after purchasing an additional 17,236 shares during the last quarter. Sovran Advisors LLC boosted its stake in shares of Schwab Fundamental International Equity ETF by 859.8% during the fourth quarter. Sovran Advisors LLC now owns 96,277 shares of the company’s stock worth $4,540,000 after buying an additional 86,246 shares during the period. Savvy Advisors Inc. boosted its stake in shares of Schwab Fundamental International Equity ETF by 114.1% during the fourth quarter. Savvy Advisors Inc. now owns 59,294 shares of the company’s stock worth $2,681,000 after buying an additional 31,594 shares during the period. Finally, Seven Springs Wealth Group LLC boosted its stake in shares of Schwab Fundamental International Equity ETF by 4.1% during the third quarter. Seven Springs Wealth Group LLC now owns 459,242 shares of the company’s stock worth $19,729,000 after buying an additional 17,982 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.