Cabot Wealth Management Inc. Makes New Investment in Schwab Fundamental International Equity ETF $FNDF

Cabot Wealth Management Inc. acquired a new stake in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 634,518 shares of the company’s stock, valued at approximately $34,105,000. Schwab Fundamental International Equity ETF makes up about 3.2% of Cabot Wealth Management Inc.’s portfolio, making the stock its 4th largest holding.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its holdings in Schwab Fundamental International Equity ETF by 2.8% in the first quarter. Bank of America Corp DE now owns 8,329,856 shares of the company’s stock valued at $407,580,000 after purchasing an additional 229,730 shares during the period. Cetera Investment Advisers grew its stake in Schwab Fundamental International Equity ETF by 3.7% during the 1st quarter. Cetera Investment Advisers now owns 1,643,572 shares of the company’s stock worth $80,420,000 after purchasing an additional 58,995 shares in the last quarter. StoneX Group Inc. acquired a new position in Schwab Fundamental International Equity ETF during the 3rd quarter worth $76,950,000. Alps Advisors Inc. purchased a new stake in Schwab Fundamental International Equity ETF during the 3rd quarter worth about $70,933,000. Finally, Strata Wealth Advisors LLC increased its holdings in Schwab Fundamental International Equity ETF by 1.4% during the 3rd quarter. Strata Wealth Advisors LLC now owns 1,170,858 shares of the company’s stock worth $62,934,000 after purchasing an additional 15,724 shares during the period.

Schwab Fundamental International Equity ETF Price Performance

Shares of NYSEARCA FNDF opened at $53.88 on Thursday. The company has a market cap of $25.81 billion, a price-to-earnings ratio of 13.27 and a beta of 0.74. The stock’s 50-day moving average is $54.33 and its two-hundred day moving average is $52.70. Schwab Fundamental International Equity ETF has a 1-year low of $42.96 and a 1-year high of $56.47.

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.