Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Hits New 12-Month High – Here’s Why

by · The Cerbat Gem

Shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $45.44 and last traded at $45.3450, with a volume of 15876 shares changing hands. The stock had previously closed at $45.16.

Schwab Fundamental International Small Equity ETF Stock Up 0.4%

The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 13.87 and a beta of 0.81. The company has a 50 day simple moving average of $44.41 and a 200 day simple moving average of $43.16.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FNDC. Tempus Wealth Planning LLC purchased a new position in shares of Schwab Fundamental International Small Equity ETF in the 2nd quarter valued at $248,000. Quadcap Wealth Management LLC boosted its position in Schwab Fundamental International Small Equity ETF by 5.3% during the 2nd quarter. Quadcap Wealth Management LLC now owns 50,860 shares of the company’s stock worth $2,139,000 after purchasing an additional 2,540 shares during the period. Moller Wealth Partners increased its holdings in Schwab Fundamental International Small Equity ETF by 6.7% in the 2nd quarter. Moller Wealth Partners now owns 108,766 shares of the company’s stock valued at $4,574,000 after purchasing an additional 6,800 shares in the last quarter. Abound Wealth Management raised its position in Schwab Fundamental International Small Equity ETF by 156.9% in the second quarter. Abound Wealth Management now owns 4,608 shares of the company’s stock valued at $194,000 after purchasing an additional 2,814 shares during the period. Finally, Flow Traders U.S. LLC lifted its stake in shares of Schwab Fundamental International Small Equity ETF by 1,248.1% during the first quarter. Flow Traders U.S. LLC now owns 179,136 shares of the company’s stock worth $6,485,000 after purchasing an additional 165,848 shares in the last quarter.

About Schwab Fundamental International Small Equity ETF

(Get Free Report)

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks.

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