Asset Allocation Strategies LLC Has $9.09 Million Stock Holdings in Schwab Fundamental International Equity ETF $FNDF

Asset Allocation Strategies LLC lifted its holdings in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 5.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 201,114 shares of the company’s stock after buying an additional 10,683 shares during the period. Schwab Fundamental International Equity ETF makes up about 1.7% of Asset Allocation Strategies LLC’s holdings, making the stock its 18th largest holding. Asset Allocation Strategies LLC’s holdings in Schwab Fundamental International Equity ETF were worth $9,092,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. Navalign LLC bought a new position in Schwab Fundamental International Equity ETF in the 4th quarter valued at about $26,000. JPL Wealth Management LLC bought a new position in shares of Schwab Fundamental International Equity ETF during the third quarter worth approximately $26,000. Rialto Wealth Management LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 95.6% during the fourth quarter. Rialto Wealth Management LLC now owns 628 shares of the company’s stock worth $28,000 after purchasing an additional 307 shares during the period. Phillips Financial Management LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 220.3% during the fourth quarter. Phillips Financial Management LLC now owns 948 shares of the company’s stock worth $43,000 after purchasing an additional 652 shares during the period. Finally, Triumph Capital Management bought a new position in shares of Schwab Fundamental International Equity ETF during the third quarter worth approximately $49,000.

Schwab Fundamental International Equity ETF Trading Up 0.4%

Shares of FNDF opened at $54.10 on Friday. Schwab Fundamental International Equity ETF has a 12 month low of $38.75 and a 12 month high of $55.17. The firm’s 50 day moving average is $52.42 and its 200-day moving average is $49.38. The stock has a market capitalization of $24.17 billion, a PE ratio of 12.54 and a beta of 0.70.

Schwab Fundamental International Equity ETF Company Profile

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.