Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Reaches New 52-Week High – Should You Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) hit a new 52-week high during trading on Wednesday . The company traded as high as $56.48 and last traded at $56.17, with a volume of 2858153 shares. The stock had previously closed at $56.31.

Schwab Fundamental International Equity ETF Price Performance

The firm has a market cap of $25.93 billion, a price-to-earnings ratio of 12.54 and a beta of 0.71. The business’s 50-day moving average price is $54.32 and its two-hundred day moving average price is $52.57.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Several hedge funds have recently made changes to their positions in the business. Barry Investment Advisors LLC boosted its position in shares of Schwab Fundamental International Equity ETF by 3.2% in the second quarter. Barry Investment Advisors LLC now owns 824,655 shares of the company’s stock worth $43,509,000 after acquiring an additional 25,257 shares during the last quarter. IFC & Insurance Marketing Inc. raised its stake in Schwab Fundamental International Equity ETF by 24.6% during the first quarter. IFC & Insurance Marketing Inc. now owns 86,964 shares of the company’s stock worth $4,255,000 after purchasing an additional 17,172 shares during the period. Verde Capital Management raised its stake in Schwab Fundamental International Equity ETF by 1.1% during the first quarter. Verde Capital Management now owns 992,254 shares of the company’s stock worth $48,551,000 after purchasing an additional 11,239 shares during the period. Wealth Advisory Team LLC acquired a new position in shares of Schwab Fundamental International Equity ETF in the 4th quarter valued at $1,102,000. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of Schwab Fundamental International Equity ETF by 131.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 92,863 shares of the company’s stock valued at $4,899,000 after purchasing an additional 52,790 shares during 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.