Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) Sees Large Volume Increase – Here’s Why

Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) saw strong trading volume on Wednesday . 3,041,678 shares were traded during mid-day trading, an increase of 189% from the previous session’s volume of 1,053,534 shares.The stock last traded at $32.45 and had previously closed at $32.25.

Schwab Fundamental International Large Company Index ETF Stock Up 2.8 %

The firm has a fifty day moving average price of $35.70 and a two-hundred day moving average price of $35.23. The stock has a market capitalization of $13.81 billion, a P/E ratio of 11.62 and a beta of 0.75.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. SOA Wealth Advisors LLC. boosted its holdings in Schwab Fundamental International Large Company Index ETF by 1.0% in the third quarter. SOA Wealth Advisors LLC. now owns 263,655 shares of the company’s stock worth $9,853,000 after purchasing an additional 2,720 shares during the last quarter. FMR LLC grew its position in Schwab Fundamental International Large Company Index ETF by 12.8% during the third quarter. FMR LLC now owns 115,723 shares of the company’s stock valued at $4,325,000 after buying an additional 13,138 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in Schwab Fundamental International Large Company Index ETF during the third quarter valued at approximately $1,134,000. Sanctuary Advisors LLC boosted its stake in shares of Schwab Fundamental International Large Company Index ETF by 84.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 26,971 shares of the company’s stock worth $944,000 after acquiring an additional 12,363 shares during the last quarter. Finally, Synovus Financial Corp grew its position in shares of Schwab Fundamental International Large Company Index ETF by 103.5% during the 3rd quarter. Synovus Financial Corp now owns 34,600 shares of the company’s stock valued at $1,293,000 after acquiring an additional 17,599 shares during the period.

About Schwab Fundamental International Large Company Index 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.