Magnolia Private Wealth LLC Lowers Holdings in Schwab Fundamental International Equity ETF $FNDF

Magnolia Private Wealth LLC trimmed its holdings in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 16.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 43,982 shares of the company’s stock after selling 8,634 shares during the quarter. Schwab Fundamental International Equity ETF accounts for approximately 1.4% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 22nd biggest holding. Magnolia Private Wealth LLC’s holdings in Schwab Fundamental International Equity ETF were worth $1,760,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Dunhill Financial LLC purchased a new stake in Schwab Fundamental International Equity ETF in the first quarter valued at $30,000. Mogy Joel R Investment Counsel Inc. purchased a new stake in Schwab Fundamental International Equity ETF in the second quarter valued at $33,000. ROSS JOHNSON & Associates LLC purchased a new stake in Schwab Fundamental International Equity ETF in the first quarter valued at $44,000. Hoey Investments Inc. boosted its holdings in Schwab Fundamental International Equity ETF by 985.0% in the second quarter. Hoey Investments Inc. now owns 1,302 shares of the company’s stock valued at $52,000 after purchasing an additional 1,182 shares during the last quarter. Finally, Operose Advisors LLC purchased a new stake in Schwab Fundamental International Equity ETF in the first quarter valued at $48,000.

Schwab Fundamental International Equity ETF Stock Performance

NYSEARCA:FNDF opened at $42.96 on Wednesday. Schwab Fundamental International Equity ETF has a one year low of $31.92 and a one year high of $43.35. The firm has a market cap of $17.62 billion, a price-to-earnings ratio of 12.54 and a beta of 0.86. The firm’s fifty day moving average is $42.00 and its two-hundred day moving average is $39.38.

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.