Merit Financial Group LLC Acquires 3,728 Shares of Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF)

Merit Financial Group LLC lifted its stake in Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) by 29.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 16,491 shares of the company’s stock after buying an additional 3,728 shares during the quarter. Merit Financial Group LLC’s holdings in Schwab Fundamental International Large Company Index ETF were worth $548,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Marquette Asset Management LLC acquired a new stake in Schwab Fundamental International Large Company Index ETF in the 3rd quarter valued at about $29,000. Assetmark Inc. boosted its position in shares of Schwab Fundamental International Large Company Index ETF by 215.4% during the third quarter. Assetmark Inc. now owns 1,719 shares of the company’s stock worth $64,000 after purchasing an additional 1,174 shares in the last quarter. Proffitt & Goodson Inc. acquired a new stake in shares of Schwab Fundamental International Large Company Index ETF during the third quarter worth about $103,000. Icon Wealth Advisors LLC acquired a new position in shares of Schwab Fundamental International Large Company Index ETF in the third quarter valued at approximately $118,000. Finally, Archer Investment Corp increased its holdings in Schwab Fundamental International Large Company Index ETF by 1,208.7% during the 3rd quarter. Archer Investment Corp now owns 3,468 shares of the company’s stock worth $130,000 after purchasing an additional 3,203 shares in the last quarter.

Schwab Fundamental International Large Company Index ETF Stock Performance

NYSEARCA FNDF opened at $34.37 on Friday. The stock has a market capitalization of $12.55 billion, a price-to-earnings ratio of 11.12 and a beta of 0.78. Schwab Fundamental International Large Company Index ETF has a 52 week low of $32.65 and a 52 week high of $37.85. The stock’s 50 day moving average price is $34.15 and its two-hundred day moving average price is $35.40.

Schwab Fundamental International Large Company Index ETF 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.