Ballast Financial Advisors LLC Invests $875,000 in Schwab Fundamental International Small Equity ETF $FNDC

Ballast Financial Advisors LLC bought a new position in shares of Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 19,643 shares of the company’s stock, valued at approximately $875,000. Schwab Fundamental International Small Equity ETF makes up approximately 0.9% of Ballast Financial Advisors LLC’s portfolio, making the stock its 26th biggest position.

Several other hedge funds have also modified their holdings of FNDC. Cetera Investment Advisers acquired a new stake in Schwab Fundamental International Small Equity ETF in the 2nd quarter valued at about $274,000. Cerity Partners LLC raised its holdings in Schwab Fundamental International Small Equity ETF by 2.0% in the 2nd quarter. Cerity Partners LLC now owns 58,463 shares of the company’s stock valued at $2,458,000 after acquiring an additional 1,147 shares during the last quarter. Jane Street Group LLC raised its holdings in Schwab Fundamental International Small Equity ETF by 246.3% in the 2nd quarter. Jane Street Group LLC now owns 457,228 shares of the company’s stock valued at $19,226,000 after acquiring an additional 325,196 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Schwab Fundamental International Small Equity ETF by 30.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 20,139 shares of the company’s stock valued at $847,000 after acquiring an additional 4,718 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Schwab Fundamental International Small Equity ETF by 13.2% in the 2nd quarter. Bank of America Corp DE now owns 88,958 shares of the company’s stock valued at $3,741,000 after acquiring an additional 10,377 shares during the last quarter.

Schwab Fundamental International Small Equity ETF Stock Performance

FNDC stock opened at $49.69 on Thursday. The firm has a market cap of $3.33 billion, a PE ratio of 13.87 and a beta of 0.75. The firm’s 50 day moving average price is $49.51 and its 200-day moving average price is $47.67. Schwab Fundamental International Small Equity ETF has a one year low of $40.40 and a one year high of $50.83.

Schwab Fundamental International Small Equity ETF Company Profile

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.