Schwab Fundamental International Small Equity ETF $FNDC Shares Newly Purchased by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. acquired a new stake in Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,696 shares of the company’s stock, valued at approximately $583,000.

Several other hedge funds have also recently modified their holdings of the company. Baker Ellis Asset Management LLC bought a new position in shares of Schwab Fundamental International Small Equity ETF during the 3rd quarter worth approximately $401,000. Shore Point Advisors LLC boosted its stake in shares of Schwab Fundamental International Small Equity ETF by 1.5% in the 3rd quarter. Shore Point Advisors LLC now owns 178,947 shares of the company’s stock worth $8,917,000 after buying an additional 2,705 shares during the last quarter. Wealth Forward LLC bought a new position in shares of Schwab Fundamental International Small Equity ETF in the third quarter valued at approximately $4,575,000. Wedmont Private Capital grew its holdings in shares of Schwab Fundamental International Small Equity ETF by 60.2% in the third quarter. Wedmont Private Capital now owns 8,989 shares of the company’s stock valued at $444,000 after acquiring an additional 3,379 shares in the last quarter. Finally, Breakwater Capital Group grew its holdings in shares of Schwab Fundamental International Small Equity ETF by 2.8% in the third quarter. Breakwater Capital Group now owns 196,307 shares of the company’s stock valued at $9,782,000 after acquiring an additional 5,323 shares in the last quarter.

Schwab Fundamental International Small Equity ETF Trading Down 1.1%

Shares of FNDC opened at $49.19 on Thursday. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 13.87 and a beta of 0.77. The stock has a 50 day moving average of $50.63 and a 200 day moving average of $49.59. Schwab Fundamental International Small Equity ETF has a 12 month low of $42.95 and a 12 month high of $51.83.

About Schwab Fundamental International Small Equity ETF

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.