Maloon Powers Pitre Higgins & Dennehy LLC Makes New $1.11 Million Investment in Schwab Fundamental International Equity ETF $FNDF

Maloon Powers Pitre Higgins & Dennehy LLC purchased a new position in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,048 shares of the company’s stock, valued at approximately $1,111,000.

Several other hedge funds have also made changes to their positions in the business. Auto Owners Insurance Co grew its position in shares of Schwab Fundamental International Equity ETF by 5,991.6% in the fourth quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock valued at $7,444,071,000 after purchasing an additional 161,952,400 shares during the period. Boulay Financial Advisors LLC purchased a new position in Schwab Fundamental International Equity ETF during the fourth quarter worth about $111,276,000. Morgan Stanley boosted its stake 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 buying an additional 2,435,053 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Schwab Fundamental International Equity ETF by 81.4% in the 2nd quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock worth $208,257,000 after buying an additional 2,335,173 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in Schwab Fundamental International Equity ETF by 320.4% in the 2nd quarter. Captrust Financial Advisors now owns 2,611,073 shares of the company’s stock worth $104,495,000 after buying an additional 1,989,972 shares during the last quarter.

Schwab Fundamental International Equity ETF Price Performance

FNDF opened at $56.31 on Friday. Schwab Fundamental International Equity ETF has a 12 month low of $42.10 and a 12 month high of $56.41. The business has a 50-day moving average of $54.17 and a two-hundred day moving average of $52.50. The stock has a market capitalization of $25.99 billion, a price-to-earnings ratio of 12.54 and a beta of 0.71.

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.