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

Shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) hit a new 52-week high on Thursday . The stock traded as high as $53.78 and last traded at $53.75, with a volume of 983141 shares changing hands. The stock had previously closed at $53.23.

Schwab Fundamental International Equity ETF Trading Down 0.5%

The company has a market capitalization of $23.85 billion, a PE ratio of 12.54 and a beta of 0.69. The firm has a fifty day moving average of $50.76 and a two-hundred day moving average of $48.35.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Several institutional investors have recently bought and sold shares of FNDF. Auto Owners Insurance Co boosted its holdings in Schwab Fundamental International Equity ETF by 5,991.6% during the 4th quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock valued at $7,444,071,000 after acquiring an additional 161,952,400 shares during the period. Boulay Financial Advisors LLC purchased a new stake in Schwab Fundamental International Equity ETF during the 4th quarter valued at about $111,276,000. Morgan Stanley boosted its holdings in Schwab Fundamental International Equity ETF by 39.2% during the 4th quarter. Morgan Stanley now owns 8,650,706 shares of the company’s stock valued at $391,098,000 after acquiring an additional 2,435,053 shares during the period. Corient Private Wealth LLC boosted its holdings in Schwab Fundamental International Equity ETF by 81.4% during the 2nd quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock valued at $208,257,000 after acquiring an additional 2,335,173 shares during the period. Finally, Captrust Financial Advisors boosted its holdings in Schwab Fundamental International Equity ETF by 320.4% during the 2nd quarter. Captrust Financial Advisors now owns 2,611,073 shares of the company’s stock valued at $104,495,000 after acquiring an additional 1,989,972 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.