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

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $51.83 and last traded at $51.7130, with a volume of 1427138 shares traded. The stock had previously closed at $51.41.

Schwab Fundamental International Equity ETF Stock Up 0.8%

The stock has a market cap of $22.57 billion, a P/E ratio of 12.54 and a beta of 0.79. The company has a 50-day simple moving average of $47.48 and a two-hundred day simple moving average of $44.75.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Clune & Associates LTD. lifted its holdings 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 buying an additional 204 shares during the period. Front Row Advisors LLC boosted its holdings in Schwab Fundamental International Equity ETF by 3.7% in the fourth 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 in the last quarter. Private Trust Co. NA lifted its position in shares of Schwab Fundamental International Equity ETF by 10.7% in the 4th quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock worth $100,000 after purchasing an additional 213 shares during the period. William Howard & Co Financial Advisors Inc boosted its stake in shares of Schwab Fundamental International Equity ETF by 3.0% during the 4th 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. boosted its stake in shares of Schwab Fundamental International Equity ETF by 3.6% during the 4th quarter. Crescent Sterling Ltd. now owns 6,554 shares of the company’s stock valued at $296,000 after purchasing an additional 230 shares in 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.