Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Reaches New 52-Week High – Still a Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s share price hit a new 52-week high on Monday . The company traded as high as $39.22 and last traded at $39.12, with a volume of 34215 shares trading hands. The stock had previously closed at $39.02.

Schwab Fundamental International Equity ETF Stock Performance

The stock’s 50 day moving average is $36.72 and its two-hundred day moving average is $35.53. The stock has a market capitalization of $16.03 billion, a PE ratio of 13.17 and a beta of 0.78.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FNDF. Charles Schwab Investment Management Inc. increased its holdings in shares of Schwab Fundamental International Equity ETF by 0.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 149,024,446 shares of the company’s stock worth $5,385,744,000 after buying an additional 994,500 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 7.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 17,952,297 shares of the company’s stock worth $596,196,000 after buying an additional 1,297,835 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Schwab Fundamental International Equity ETF by 4.0% during the 4th quarter. Bank of America Corp DE now owns 5,871,144 shares of the company’s stock worth $194,981,000 after buying an additional 225,589 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab Fundamental International Equity ETF by 6.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,898,467 shares of the company’s stock worth $177,031,000 after buying an additional 307,276 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Schwab Fundamental International Equity ETF by 12.9% during the 4th quarter. Ameriprise Financial Inc. now owns 4,036,274 shares of the company’s stock worth $134,057,000 after buying an additional 461,318 shares during 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.