Signaturefd LLC Increases Stake in Schwab Fundamental International Large Company Index ETF

On October 27, 2024, it was reported that Signaturefd LLC has raised its investment in the Schwab Fundamental International Large Company Index ETF (NYSEARCA: FNDF) by 10.4% during the third quarter of 2024. According to their latest 13F filing with the Securities and Exchange Commission, the firm increased its holdings to a total of 7,237 shares, adding 684 shares in the process. At the conclusion of the most recent quarter, Signaturefd LLC’s investment in the ETF was valued at $270,000.

In addition to Signaturefd LLC, several other hedge funds have also made adjustments to their positions in the Schwab Fundamental International Large Company Index ETF. For instance, Red Mountain Financial LLC saw its stake increase by 5.3% during the same quarter, bringing its total to 6,154 shares valued at $230,000 after acquiring 312 additional shares. Similarly, Kiley Juergens Wealth Management LLC raised its holdings by 2.7% in the second quarter, resulting in ownership of 12,031 shares valued at $421,000 after gaining 315 shares. Other firms, such as Aptus Capital Advisors LLC and Versant Capital Management Inc, also increased their shares slightly during the second quarter.

Current Performance of Schwab Fundamental International Large Company Index ETF

As of Friday, the Schwab Fundamental International Large Company Index ETF stock was trading at $35.74, showing a slight decline of 0.3%. The ETF has a 50-day moving average price of $36.61 and a 200-day moving average price of $35.86. With a market capitalization of $13.05 billion, the fund has a price-to-earnings ratio of 11.12 and a beta of 0.78. The ETF's price has fluctuated, hitting a 12-month low of $30.16 and a high of $37.85.

Overview of Schwab Fundamental International Large Company Index ETF

The Schwab Fundamental International Large Company Index ETF (FNDF) is designed to primarily invest in large-cap firms and it tracks an index consisting of large companies from developed markets outside of the United States. This fund utilizes fundamental factors to select and weight its investments. Launched on August 15, 2013, FNDF is managed by Charles Schwab.

ETF, Investment, Funds