Sovran Advisors LLC Grows Position in Schwab Fundamental International Equity ETF $FNDF

Sovran Advisors LLC raised its stake in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 859.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 96,277 shares of the company’s stock after acquiring an additional 86,246 shares during the period. Sovran Advisors LLC’s holdings in Schwab Fundamental International Equity ETF were worth $4,540,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of FNDF. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Schwab Fundamental International Equity ETF by 13.8% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 183,059 shares of the company’s stock valued at $7,864,000 after purchasing an additional 22,178 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in Schwab Fundamental International Equity ETF by 3.8% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 713,497 shares of the company’s stock worth $32,257,000 after purchasing an additional 26,369 shares during the last quarter. Capital Advantage Inc. boosted its holdings in Schwab Fundamental International Equity ETF by 1.2% during the third quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock worth $45,600,000 after purchasing an additional 12,241 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. bought a new stake in Schwab Fundamental International Equity ETF in the 3rd quarter worth about $781,000. Finally, Arlington Financial Advisors LLC grew its position in Schwab Fundamental International Equity ETF by 2.2% in the 4th quarter. Arlington Financial Advisors LLC now owns 808,487 shares of the company’s stock worth $36,552,000 after purchasing an additional 17,236 shares in the last quarter.

Schwab Fundamental International Equity ETF Stock Performance

NYSEARCA:FNDF opened at $49.22 on Friday. Schwab Fundamental International Equity ETF has a 52 week low of $31.92 and a 52 week high of $52.94. The firm has a 50-day moving average price of $49.70 and a two-hundred day moving average price of $46.38. The firm has a market cap of $21.87 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.