Downshift Financial LLC Invests $628,000 in Schwab Fundamental International Equity ETF $FNDF

Downshift Financial LLC bought a new stake in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 12,852 shares of the company’s stock, valued at approximately $628,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Navalign LLC acquired a new stake in Schwab Fundamental International Equity ETF in the 4th quarter valued at $26,000. Golden State Wealth Management LLC lifted its stake in shares of Schwab Fundamental International Equity ETF by 76.5% during the fourth quarter. Golden State Wealth Management LLC now owns 607 shares of the company’s stock worth $27,000 after purchasing an additional 263 shares in the last quarter. JPL Wealth Management LLC acquired a new position in shares of Schwab Fundamental International Equity ETF during the third quarter worth about $26,000. Rialto Wealth Management LLC boosted its position in shares of Schwab Fundamental International Equity ETF by 95.6% in the fourth quarter. Rialto Wealth Management LLC now owns 628 shares of the company’s stock worth $28,000 after buying an additional 307 shares during the period. Finally, TD Capital Management LLC purchased a new stake in shares of Schwab Fundamental International Equity ETF in the fourth quarter worth about $36,000.

Schwab Fundamental International Equity ETF Stock Performance

FNDF stock opened at $54.12 on Friday. The firm has a market cap of $24.18 billion, a P/E ratio of 12.54 and a beta of 0.70. Schwab Fundamental International Equity ETF has a 1 year low of $38.75 and a 1 year high of $55.17. The stock has a 50-day simple moving average of $52.87 and a 200-day simple moving average of $49.72.

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.