Clarkston Capital Partners LLC Makes New Investment in Schwab Fundamental International Equity ETF $FNDF

Clarkston Capital Partners LLC bought a new position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 109,540 shares of the company’s stock, valued at approximately $4,706,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in Schwab Fundamental International Equity ETF by 5.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 17,826,186 shares of the company’s stock worth $775,261,000 after purchasing an additional 904,518 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Schwab Fundamental International Equity ETF by 7.1% during the 2nd quarter. Bank of America Corp DE now owns 6,935,287 shares of the company’s stock valued at $277,550,000 after buying an additional 457,421 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Schwab Fundamental International Equity ETF by 21.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,955,383 shares of the company’s stock valued at $238,334,000 after buying an additional 1,056,916 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Schwab Fundamental International Equity ETF by 81.4% in the 2nd quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock worth $208,257,000 after acquiring an additional 2,335,173 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in shares of Schwab Fundamental International Equity ETF by 320.4% in the 2nd quarter. Captrust Financial Advisors now owns 2,611,073 shares of the company’s stock worth $104,495,000 after acquiring an additional 1,989,972 shares in the last quarter.

Schwab Fundamental International Equity ETF Stock Performance

Shares of NYSEARCA FNDF opened at $48.77 on Monday. The company has a 50 day simple moving average of $48.90 and a two-hundred day simple moving average of $45.54. Schwab Fundamental International Equity ETF has a fifty-two week low of $31.92 and a fifty-two week high of $52.94. The company has a market capitalization of $21.23 billion, a price-to-earnings ratio of 12.54 and a beta of 0.79.

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.