Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) Sees Strong Trading Volume – Here’s What Happened

Shares of Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) saw unusually-strong trading volume on Wednesday . Approximately 3,250,855 shares changed hands during trading, an increase of 112% from the previous session’s volume of 1,534,588 shares.The stock last traded at $34.20 and had previously closed at $34.24.

Schwab Fundamental International Large Company Index ETF Trading Down 0.4 %

The stock has a market capitalization of $12.45 billion, a P/E ratio of 11.12 and a beta of 0.78. The firm’s fifty day moving average is $34.17 and its 200-day moving average is $35.43.

Hedge Funds Weigh In On Schwab Fundamental International Large Company Index ETF

Several institutional investors have recently added to or reduced their stakes in FNDF. JPMorgan Chase & Co. raised its stake in shares of Schwab Fundamental International Large Company Index ETF by 103.3% in the third quarter. JPMorgan Chase & Co. now owns 89,704 shares of the company’s stock worth $3,352,000 after acquiring an additional 45,574 shares during the last quarter. AE Wealth Management LLC bought a new position in shares of Schwab Fundamental International Large Company Index ETF in the second quarter worth about $220,000. B. Riley Wealth Advisors Inc. raised its stake in shares of Schwab Fundamental International Large Company Index ETF by 11.1% in the third quarter. B. Riley Wealth Advisors Inc. now owns 6,430 shares of the company’s stock worth $238,000 after acquiring an additional 641 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Schwab Fundamental International Large Company Index ETF in the second quarter worth about $511,000. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Schwab Fundamental International Large Company Index ETF by 24.3% in the second quarter. Mercer Global Advisors Inc. ADV now owns 56,321 shares of the company’s stock worth $1,973,000 after acquiring an additional 11,018 shares during the last quarter.

Schwab Fundamental International Large Company Index 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.