Verus Capital Partners LLC Purchases New Stake in Schwab Fundamental International Equity ETF $FNDF

Verus Capital Partners LLC purchased a new stake in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 15,287 shares of the company’s stock, valued at approximately $822,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Schwab Fundamental International Equity ETF by 2.8% during the first quarter. Bank of America Corp DE now owns 8,329,856 shares of the company’s stock worth $407,580,000 after buying an additional 229,730 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Schwab Fundamental International Equity ETF by 3.7% in the 1st quarter. Cetera Investment Advisers now owns 1,643,572 shares of the company’s stock worth $80,420,000 after acquiring an additional 58,995 shares during the last quarter. Alps Advisors Inc. purchased a new position in shares of Schwab Fundamental International Equity ETF during the 3rd quarter worth $70,933,000. Strata Wealth Advisors LLC raised its holdings in shares of Schwab Fundamental International Equity ETF by 1.4% during the 3rd quarter. Strata Wealth Advisors LLC now owns 1,170,858 shares of the company’s stock worth $62,934,000 after acquiring an additional 15,724 shares during the period. Finally, Nadler Financial Group Inc. purchased a new position in shares of Schwab Fundamental International Equity ETF during the 3rd quarter worth $62,276,000.

Schwab Fundamental International Equity ETF Stock Performance

Shares of FNDF stock opened at $52.76 on Monday. The company’s 50-day moving average price is $54.42 and its 200-day moving average price is $52.61. The stock has a market cap of $25.25 billion, a price-to-earnings ratio of 12.54 and a beta of 0.74. Schwab Fundamental International Equity ETF has a twelve month low of $42.96 and a twelve month high of $56.47.

Schwab Fundamental International Equity ETF Company 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.