UBS Group AG Buys 124,540 Shares of Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF)

UBS Group AG lifted its stake in shares of Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) by 9.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,400,844 shares of the company’s stock after acquiring an additional 124,540 shares during the quarter. UBS Group AG’s holdings in Schwab Fundamental International Large Company Index ETF were worth $47,250,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Pinnacle Bancorp Inc. grew its stake in Schwab Fundamental International Large Company Index ETF by 277.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 853 shares of the company’s stock worth $29,000 after purchasing an additional 627 shares during the period. Central Bank & Trust Co. bought a new stake in Schwab Fundamental International Large Company Index ETF during the fourth quarter worth $30,000. Signature Resources Capital Management LLC bought a new stake in shares of Schwab Fundamental International Large Company Index ETF in the fourth quarter valued at $37,000. American National Bank bought a new stake in shares of Schwab Fundamental International Large Company Index ETF in the fourth quarter valued at $49,000. Finally, Winch Advisory Services LLC purchased a new position in shares of Schwab Fundamental International Large Company Index ETF in the third quarter valued at $55,000.

Schwab Fundamental International Large Company Index ETF Trading Up 0.9 %

Shares of FNDF traded up $0.31 during midday trading on Friday, reaching $36.08. The stock had a trading volume of 897,494 shares, compared to its average volume of 992,069. Schwab Fundamental International Large Company Index ETF has a 12-month low of $30.16 and a 12-month high of $36.57. The company’s 50-day moving average is $35.38 and its 200 day moving average is $34.01. The company has a market capitalization of $13.18 billion, a price-to-earnings ratio of 11.12 and a beta of 0.78.

About Schwab Fundamental International Large Company Index 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.