Schwab Fundamental International Equity ETF $FNDF Holdings Lifted by Verde Capital Management

Verde Capital Management lifted its position in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 1.1% in the 1st quarter, Holdings Channel reports. The fund owned 992,254 shares of the company’s stock after buying an additional 11,239 shares during the quarter. Schwab Fundamental International Equity ETF accounts for approximately 10.4% of Verde Capital Management’s holdings, making the stock its 3rd largest position. Verde Capital Management’s holdings in Schwab Fundamental International Equity ETF were worth $48,551,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Auto Owners Insurance Co lifted its holdings in Schwab Fundamental International Equity ETF by 5,991.6% during the fourth quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock valued at $7,444,071,000 after purchasing an additional 161,952,400 shares during the last quarter. Boulay Financial Advisors LLC purchased a new position in shares of Schwab Fundamental International Equity ETF in the fourth quarter worth about $111,276,000. Morgan Stanley raised its position in shares of Schwab Fundamental International Equity ETF by 39.2% in the fourth quarter. Morgan Stanley now owns 8,650,706 shares of the company’s stock valued at $391,098,000 after purchasing an additional 2,435,053 shares during the period. Corient Private Wealth LLC raised 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 valued at $208,257,000 after purchasing an additional 2,335,173 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of Schwab Fundamental International Equity ETF by 320.4% in the second quarter. Captrust Financial Advisors now owns 2,611,073 shares of the company’s stock valued at $104,495,000 after purchasing an additional 1,989,972 shares during the period.

Schwab Fundamental International Equity ETF Trading Down 0.1%

Shares of FNDF stock opened at $54.05 on Tuesday. The firm’s 50 day moving average is $52.92 and its 200 day moving average is $49.82. The stock has a market capitalization of $24.15 billion, a P/E ratio of 12.54 and a beta of 0.70. Schwab Fundamental International Equity ETF has a 12 month low of $38.75 and a 12 month high of $55.17.

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.