Schwab Fundamental International Equity ETF $FNDF Shares Acquired by IFC & Insurance Marketing Inc.

IFC & Insurance Marketing Inc. increased its stake in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 24.6% in the first quarter, Holdings Channel reports. The institutional investor owned 86,964 shares of the company’s stock after acquiring an additional 17,172 shares during the quarter. Schwab Fundamental International Equity ETF accounts for about 4.4% of IFC & Insurance Marketing Inc.’s portfolio, making the stock its 8th largest position. IFC & Insurance Marketing Inc.’s holdings in Schwab Fundamental International Equity ETF were worth $4,255,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FNDF. Navalign LLC bought a new position in Schwab Fundamental International Equity ETF during the 4th quarter valued at $26,000. JPL Wealth Management LLC bought a new stake in shares of Schwab Fundamental International Equity ETF in the 3rd quarter worth about $26,000. Golden State Wealth Management LLC increased its position in shares of Schwab Fundamental International Equity ETF by 76.5% in the 4th quarter. Golden State Wealth Management LLC now owns 607 shares of the company’s stock worth $27,000 after purchasing an additional 263 shares during the last quarter. Rialto Wealth Management LLC increased its position in shares of Schwab Fundamental International Equity ETF by 95.6% in the 4th quarter. Rialto Wealth Management LLC now owns 628 shares of the company’s stock worth $28,000 after purchasing an additional 307 shares during the last quarter. Finally, TD Capital Management LLC acquired a new stake in shares of Schwab Fundamental International Equity ETF in the 4th quarter valued at about $36,000.

Schwab Fundamental International Equity ETF Stock Performance

Shares of FNDF stock opened at $54.05 on Tuesday. Schwab Fundamental International Equity ETF has a one year low of $38.75 and a one year high of $55.17. The company’s 50-day simple moving average is $52.92 and its 200-day simple moving average is $49.82. The stock has a market capitalization of $24.15 billion, a price-to-earnings ratio of 12.54 and a beta of 0.70.

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.