Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Reaches New 1-Year High – Here’s Why

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $51.63 and last traded at $51.59, with a volume of 12406 shares changing hands. The stock had previously closed at $51.50.

Schwab Fundamental International Small Equity ETF Price Performance

The firm’s 50 day moving average price is $49.48 and its two-hundred day moving average price is $48.98. The stock has a market cap of $3.19 billion, a PE ratio of 13.87 and a beta of 0.75.

Institutional Trading of Schwab Fundamental International Small Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Asset Allocation Strategies LLC boosted its stake in shares of Schwab Fundamental International Small Equity ETF by 2.2% in the 2nd quarter. Asset Allocation Strategies LLC now owns 33,574 shares of the company’s stock valued at $1,630,000 after purchasing an additional 731 shares in the last quarter. Allied Private Wealth LLC bought a new stake in Schwab Fundamental International Small Equity ETF in the second quarter worth $26,000. Breakwater Capital Group lifted its stake in Schwab Fundamental International Small Equity ETF by 9.5% in the second quarter. Breakwater Capital Group now owns 190,984 shares of the company’s stock worth $9,274,000 after purchasing an additional 16,529 shares during the last quarter. Hardin Capital Partners LLC boosted its position in Schwab Fundamental International Small Equity ETF by 4.4% during the second quarter. Hardin Capital Partners LLC now owns 28,209 shares of the company’s stock valued at $1,369,000 after buying an additional 1,195 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its position in Schwab Fundamental International Small Equity ETF by 7.6% during the second quarter. Dynamic Advisor Solutions LLC now owns 122,489 shares of the company’s stock valued at $5,948,000 after buying an additional 8,682 shares during the period.

Schwab Fundamental International Small Equity ETF Company Profile

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. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.