Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sets New 52-Week High – Still a Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $50.64 and last traded at $50.55, with a volume of 1640009 shares. The stock had previously closed at $49.95.

Schwab Fundamental International Equity ETF Trading Down 0.5%

The company’s fifty day simple moving average is $46.88 and its 200 day simple moving average is $44.36. The stock has a market capitalization of $22.27 billion, a P/E ratio of 12.54 and a beta of 0.79.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Clune & Associates LTD. increased its stake in Schwab Fundamental International Equity ETF by 2.7% in the 4th quarter. Clune & Associates LTD. now owns 7,747 shares of the company’s stock worth $350,000 after acquiring an additional 204 shares during the last quarter. Front Row Advisors LLC boosted its position in shares of Schwab Fundamental International Equity ETF by 3.7% during the 4th quarter. Front Row Advisors LLC now owns 5,924 shares of the company’s stock valued at $268,000 after acquiring an additional 210 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of Schwab Fundamental International Equity ETF by 10.7% in the fourth quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock valued at $100,000 after purchasing an additional 213 shares in the last quarter. William Howard & Co Financial Advisors Inc grew its holdings in shares of Schwab Fundamental International Equity ETF by 3.0% in the fourth quarter. William Howard & Co Financial Advisors Inc now owns 7,822 shares of the company’s stock valued at $354,000 after purchasing an additional 229 shares in the last quarter. Finally, Crescent Sterling Ltd. increased its position in Schwab Fundamental International Equity ETF by 3.6% in the fourth quarter. Crescent Sterling Ltd. now owns 6,554 shares of the company’s stock worth $296,000 after purchasing an additional 230 shares during the last quarter.

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.