Gradient Investments LLC Cuts Stake in Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF)

Gradient Investments LLC cut its holdings in Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,178 shares of the company’s stock after selling 387 shares during the period. Gradient Investments LLC’s holdings in Schwab Fundamental International Large Company Index ETF were worth $205,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FNDF. UMB Bank n.a. bought a new stake in shares of Schwab Fundamental International Large Company Index ETF in the fourth quarter worth about $25,000. Marquette Asset Management LLC purchased a new position in Schwab Fundamental International Large Company Index ETF during the 3rd quarter valued at approximately $29,000. Avior Wealth Management LLC increased its stake in Schwab Fundamental International Large Company Index ETF by 562.4% in the 4th quarter. Avior Wealth Management LLC now owns 1,656 shares of the company’s stock worth $55,000 after acquiring an additional 1,406 shares during the last quarter. Breakwater Investment Management increased its stake in Schwab Fundamental International Large Company Index ETF by 112.5% in the 4th quarter. Breakwater Investment Management now owns 1,783 shares of the company’s stock worth $59,000 after acquiring an additional 944 shares during the last quarter. Finally, Assetmark Inc. boosted its position in shares of Schwab Fundamental International Large Company Index ETF by 215.4% during the 3rd quarter. Assetmark Inc. now owns 1,719 shares of the company’s stock valued at $64,000 after acquiring an additional 1,174 shares during the last quarter.

Schwab Fundamental International Large Company Index ETF Stock Performance

FNDF stock opened at $34.57 on Monday. The firm has a fifty day moving average price of $34.14 and a 200 day moving average price of $35.38. Schwab Fundamental International Large Company Index ETF has a fifty-two week low of $32.65 and a fifty-two week high of $37.85. The firm has a market cap of $12.62 billion, a PE ratio of 11.12 and a beta of 0.78.

Schwab Fundamental International Large Company Index 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.