Ritholtz Wealth Management Sells 11,315 Shares of Schwab Fundamental International Equity ETF $FNDF

Ritholtz Wealth Management reduced its holdings in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 7.8% in the first quarter, Holdings Channel reports. The institutional investor owned 133,089 shares of the company’s stock after selling 11,315 shares during the period. Ritholtz Wealth Management’s holdings in Schwab Fundamental International Equity ETF were worth $6,512,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Auto Owners Insurance Co grew its position in shares of Schwab Fundamental International Equity ETF by 5,991.6% during the 4th quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock valued at $7,444,071,000 after acquiring an additional 161,952,400 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab Fundamental International Equity ETF by 3.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 18,458,748 shares of the company’s stock worth $855,753,000 after purchasing an additional 632,562 shares in the last quarter. Morgan Stanley raised its holdings in Schwab Fundamental International Equity ETF by 39.2% in the 4th quarter. Morgan Stanley now owns 8,650,706 shares of the company’s stock worth $391,098,000 after purchasing an additional 2,435,053 shares during the period. Bank of America Corp DE raised its holdings in Schwab Fundamental International Equity ETF by 4.1% in the 3rd quarter. Bank of America Corp DE now owns 7,217,494 shares of the company’s stock worth $310,064,000 after purchasing an additional 282,207 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Schwab Fundamental International Equity ETF by 1.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,040,807 shares of the company’s stock valued at $259,513,000 after purchasing an additional 85,424 shares in the last quarter.

Schwab Fundamental International Equity ETF Stock Performance

NYSEARCA:FNDF opened at $52.33 on Thursday. The stock has a 50-day simple moving average of $52.97 and a two-hundred day simple moving average of $49.92. Schwab Fundamental International Equity ETF has a 52-week low of $39.13 and a 52-week high of $55.17. The firm has a market capitalization of $23.38 billion, a PE ratio of 12.54 and a beta of 0.70.

Schwab Fundamental International Equity ETF 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.