Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sets New 52-Week High – Time to Buy?

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) shares reached a new 52-week high on Friday . The stock traded as high as $46.50 and last traded at $46.4580, with a volume of 557 shares traded. The stock had previously closed at $46.12.

Schwab Fundamental International Equity ETF Stock Performance

The stock’s 50 day moving average is $44.81 and its 200 day moving average is $42.93. The company has a market capitalization of $20.08 billion, a PE ratio of 12.54 and a beta of 0.79.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FNDF. Arkadios Wealth Advisors bought a new stake in shares of Schwab Fundamental International Equity ETF during the 2nd quarter valued at about $261,000. Vise Technologies Inc. purchased a new stake in Schwab Fundamental International Equity ETF in the second quarter valued at approximately $9,370,000. Capital Advantage Inc. raised its stake in Schwab Fundamental International Equity ETF by 1.2% in the third quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock valued at $45,600,000 after purchasing an additional 12,241 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. bought a new stake in Schwab Fundamental International Equity ETF during the third quarter valued at approximately $781,000. Finally, Geneos Wealth Management Inc. grew its stake in Schwab Fundamental International Equity ETF by 38.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 634,967 shares of the company’s stock worth $25,411,000 after buying an additional 175,391 shares in the last quarter.

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.