Elevation Point Wealth Partners LLC Invests $1.27 Million in Schwab Fundamental International Equity ETF $FNDF

Elevation Point Wealth Partners LLC bought a new position in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,010 shares of the company’s stock, valued at approximately $1,273,000.

Other hedge funds have also added to or reduced their stakes in the company. Auto Owners Insurance Co increased its stake in Schwab Fundamental International Equity ETF by 5,991.6% in the 4th quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock valued at $7,444,071,000 after buying an additional 161,952,400 shares during the last quarter. Boulay Financial Advisors LLC acquired a new position in shares of Schwab Fundamental International Equity ETF during the 4th quarter worth about $111,276,000. Morgan Stanley boosted its stake in shares of Schwab Fundamental International Equity ETF by 39.2% during the 4th quarter. Morgan Stanley now owns 8,650,706 shares of the company’s stock worth $391,098,000 after buying an additional 2,435,053 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Schwab Fundamental International Equity ETF by 81.4% in the 2nd quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock valued at $208,257,000 after acquiring an additional 2,335,173 shares in the last quarter. Finally, Captrust Financial Advisors grew its holdings in shares of Schwab Fundamental International Equity ETF by 320.4% in the 2nd quarter. Captrust Financial Advisors now owns 2,611,073 shares of the company’s stock valued at $104,495,000 after acquiring an additional 1,989,972 shares in the last quarter.

Schwab Fundamental International Equity ETF Stock Performance

NYSEARCA:FNDF opened at $53.53 on Tuesday. The stock’s 50-day simple moving average is $53.18 and its 200 day simple moving average is $50.35. The company has a market cap of $24.49 billion, a P/E ratio of 12.54 and a beta of 0.71. Schwab Fundamental International Equity ETF has a 52-week low of $39.67 and a 52-week high of $55.17.

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.