Pacific Park Financial Inc. Invests $1.21 Million in Schwab Fundamental International Equity ETF $FNDF

Pacific Park Financial Inc. purchased a new position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) in the fourth quarter, Holdings Channel reports. The fund purchased 26,748 shares of the company’s stock, valued at approximately $1,209,000. Schwab Fundamental International Equity ETF accounts for approximately 0.8% of Pacific Park Financial Inc.’s portfolio, making the stock its 24th biggest position.

A number of other hedge funds have also made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of Schwab Fundamental International Equity ETF by 3.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 18,458,748 shares of the company’s stock worth $855,753,000 after purchasing an additional 632,562 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Schwab Fundamental International Equity ETF by 4.1% in the third quarter. Bank of America Corp DE now owns 7,217,494 shares of the company’s stock worth $310,064,000 after purchasing an additional 282,207 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Schwab Fundamental International Equity ETF by 1.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,040,807 shares of the company’s stock worth $259,513,000 after purchasing an additional 85,424 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Schwab Fundamental International Equity ETF by 81.4% in the second quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock worth $208,257,000 after purchasing an additional 2,335,173 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Schwab Fundamental International Equity ETF by 21.1% in the third quarter. Captrust Financial Advisors now owns 3,162,371 shares of the company’s stock worth $135,855,000 after purchasing an additional 551,298 shares in the last quarter.

Schwab Fundamental International Equity ETF Price Performance

NYSEARCA FNDF opened at $50.61 on Thursday. The firm has a market capitalization of $22.55 billion, a price-to-earnings ratio of 12.54 and a beta of 0.70. The company has a 50 day simple moving average of $50.11 and a 200-day simple moving average of $47.39. Schwab Fundamental International Equity ETF has a 52-week low of $36.85 and a 52-week high of $52.94.

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.