Signaturefd LLC Increases Stake in Schwab Fundamental International Large Company Index ETF
On October 27, 2024, it was reported that Signaturefd LLC has increased its investment in the Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) by 10.4% during the third quarter. This information comes from the company’s latest 13F filing with the Securities and Exchange Commission.
As a result of this investment, Signaturefd LLC now owns a total of 7,237 shares of the ETF, following the acquisition of an additional 684 shares during the quarter. The total value of these holdings is approximately $270,000 at the end of the third quarter.
In addition to Signaturefd LLC, several other hedge funds have recently made changes to their positions in the Schwab ETF. For example, Red Mountain Financial LLC increased its holdings by 5.3%, bringing its total to 6,154 shares valued at $230,000 after purchasing 312 more shares. Kiley Juergens Wealth Management LLC also raised its stake by 2.7%, owning 12,031 shares valued at $421,000 after an acquisition of 315 shares in the previous quarter.
Aptus Capital Advisors LLC reported a 0.6% increase in shares during the second quarter, now holding 53,499 shares valued at $1,874,000, while Versant Capital Management Inc increased its stake by 2.3% to own 14,149 shares worth $496,000. Furthermore, Coldstream Capital Management Inc raised its holdings by 1.6% in the same quarter and now possesses 22,735 shares valued at $796,000.
Current Stock Performance of Schwab ETF
As for the stock performance, the Schwab Fundamental International Large Company Index ETF opened at $35.74 on Friday, with a 50-day moving average price of $36.61 and a 200-day moving average price of $35.86. The ETF has a market capitalization of $13.05 billion, a price-to-earnings ratio of 11.12, and a beta of 0.78. The stock has traded between its 12-month low of $30.16 and a high of $37.85.
About the Schwab Fundamental International Large Company Index ETF
The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that primarily invests in large-cap equities. It aims to track an index that includes major firms from developed international markets outside the United States, employing fundamental factors for selection and weighting. FNDF was established on August 15, 2013, and is managed by Charles Schwab.
investment, ETF, fund, shares, finance