Evergreen Capital Management LLC Trims Stake in Schwab Fundamental International Equity ETF $FNDF

Evergreen Capital Management LLC cut its position in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 60.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,751 shares of the company’s stock after selling 16,340 shares during the period. Evergreen Capital Management LLC’s holdings in Schwab Fundamental International Equity ETF were worth $462,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in FNDF. Arkadios Wealth Advisors purchased a new stake in Schwab Fundamental International Equity ETF in the second quarter worth $261,000. Vise Technologies Inc. bought a new position in shares of Schwab Fundamental International Equity ETF in the second quarter worth about $9,370,000. Capital Advantage Inc. increased its stake in Schwab Fundamental International Equity ETF by 1.2% in the 3rd quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock worth $45,600,000 after buying an additional 12,241 shares during the period. Boyce & Associates Wealth Consulting Inc. bought a new stake in Schwab Fundamental International Equity ETF during the 3rd quarter valued at about $781,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Schwab Fundamental International Equity ETF by 38.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 634,967 shares of the company’s stock valued at $25,411,000 after buying an additional 175,391 shares in the last quarter.

Schwab Fundamental International Equity ETF Price Performance

Shares of FNDF stock opened at $47.52 on Thursday. The company has a market capitalization of $20.55 billion, a P/E ratio of 12.54 and a beta of 0.79. The company’s 50-day simple moving average is $45.31 and its two-hundred day simple moving average is $43.40. Schwab Fundamental International Equity ETF has a one year low of $31.92 and a one year high of $47.62.

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.