Stone Summit Wealth LLC Cuts Position in Schwab Fundamental International Small Equity ETF $FNDC

Stone Summit Wealth LLC cut its stake in Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) by 14.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,020 shares of the company’s stock after selling 1,025 shares during the quarter. Stone Summit Wealth LLC’s holdings in Schwab Fundamental International Small Equity ETF were worth $253,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FNDC. Flow Traders U.S. LLC increased its holdings in shares of Schwab Fundamental International Small Equity ETF by 1,248.1% in the 1st quarter. Flow Traders U.S. LLC now owns 179,136 shares of the company’s stock valued at $6,485,000 after acquiring an additional 165,848 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Schwab Fundamental International Small Equity ETF by 13,376.7% in the 1st quarter. Jones Financial Companies Lllp now owns 140,158 shares of the company’s stock valued at $5,074,000 after acquiring an additional 139,118 shares during the period. Modern Wealth Management LLC purchased a new position in shares of Schwab Fundamental International Small Equity ETF in the 1st quarter valued at $3,188,000. Fortitude Family Office LLC purchased a new position in shares of Schwab Fundamental International Small Equity ETF in the 2nd quarter valued at $883,000. Finally, Brooklyn FI LLC purchased a new position in shares of Schwab Fundamental International Small Equity ETF in the 2nd quarter valued at $491,000.

Schwab Fundamental International Small Equity ETF Trading Up 0.5%

Shares of NYSEARCA:FNDC opened at $44.32 on Friday. Schwab Fundamental International Small Equity ETF has a 12-month low of $32.61 and a 12-month high of $45.42. The business’s fifty day simple moving average is $43.75 and its 200-day simple moving average is $40.62. The company has a market capitalization of $3.08 billion, a PE ratio of 13.87 and a beta of 0.92.

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.