Merit Financial Group LLC Cuts Holdings in Schwab Fundamental International Equity ETF $FNDF

Merit Financial Group LLC lowered its position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 9.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 196,712 shares of the company’s stock after selling 21,352 shares during the quarter. Merit Financial Group LLC’s holdings in Schwab Fundamental International Equity ETF were worth $8,451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNDF. Auto Owners Insurance Co grew its holdings in shares of Schwab Fundamental International Equity ETF by 788.6% during the 2nd quarter. Auto Owners Insurance Co now owns 8,353,000 shares of the company’s stock worth $333,828,000 after purchasing an additional 7,413,025 shares during the period. Corient Private Wealth LLC raised its holdings in Schwab Fundamental International Equity ETF by 81.4% in the second quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock valued at $208,257,000 after buying an additional 2,335,173 shares during the period. Captrust Financial Advisors lifted its position in Schwab Fundamental International Equity ETF by 320.4% during the second quarter. Captrust Financial Advisors now owns 2,611,073 shares of the company’s stock valued at $104,495,000 after buying an additional 1,989,972 shares in the last quarter. AlphaCore Capital LLC grew its stake in Schwab Fundamental International Equity ETF by 28,780.4% during the second quarter. AlphaCore Capital LLC now owns 1,710,588 shares of the company’s stock worth $68,458,000 after buying an additional 1,704,665 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Schwab Fundamental International Equity ETF by 21.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,955,383 shares of the company’s stock worth $238,334,000 after buying an additional 1,056,916 shares during the period.

Schwab Fundamental International Equity ETF Trading Up 0.5%

NYSEARCA:FNDF opened at $51.43 on Tuesday. The firm’s fifty day simple moving average is $47.12 and its 200 day simple moving average is $44.57. Schwab Fundamental International Equity ETF has a twelve month low of $31.92 and a twelve month high of $51.76. The firm has a market capitalization of $22.39 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.