Royal Bank of Canada Has $35.45 Million Position in Schwab Fundamental International Equity ETF $FNDF

Royal Bank of Canada boosted its holdings in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 13.3% during the first quarter, HoldingsChannel.com reports. The fund owned 724,407 shares of the company’s stock after purchasing an additional 84,788 shares during the period. Royal Bank of Canada’s holdings in Schwab Fundamental International Equity ETF were worth $35,445,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. KCM Investment Advisors LLC lifted its stake in Schwab Fundamental International Equity ETF by 17.8% during the first quarter. KCM Investment Advisors LLC now owns 9,088 shares of the company’s stock worth $445,000 after purchasing an additional 1,373 shares during the period. Quantinno Capital Management LP grew its stake in shares of Schwab Fundamental International Equity ETF by 44.8% in the 1st quarter. Quantinno Capital Management LP now owns 307,522 shares of the company’s stock valued at $15,047,000 after purchasing an additional 95,074 shares during the period. Gateway Wealth Partners LLC acquired a new position in shares of Schwab Fundamental International Equity ETF in the 1st quarter worth approximately $360,000. Waverly Advisors LLC raised its holdings in shares of Schwab Fundamental International Equity ETF by 148.0% in the 1st quarter. Waverly Advisors LLC now owns 21,944 shares of the company’s stock worth $1,074,000 after buying an additional 13,096 shares in the last quarter. Finally, Compound Planning Inc. lifted its position in shares of Schwab Fundamental International Equity ETF by 26.1% during the 1st quarter. Compound Planning Inc. now owns 14,656 shares of the company’s stock worth $717,000 after buying an additional 3,035 shares during the period.

Schwab Fundamental International Equity ETF Price Performance

Schwab Fundamental International Equity ETF stock opened at $54.10 on Tuesday. The business has a 50 day simple moving average of $53.39 and a 200 day simple moving average of $51.42. The company has a market capitalization of $24.97 billion, a PE ratio of 12.54 and a beta of 0.71. Schwab Fundamental International Equity ETF has a one year low of $40.24 and a one year 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.