Modern Wealth Management LLC Buys Shares of 109,639 Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF)

Modern Wealth Management LLC purchased a new position in shares of Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) in the fourth quarter, Holdings Channel.com reports. The firm purchased 109,639 shares of the company’s stock, valued at approximately $3,840,000.

Several other institutional investors have also made changes to their positions in FNDF. JPMorgan Chase & Co. increased its position in Schwab Fundamental International Large Company Index ETF by 103.3% during the third quarter. JPMorgan Chase & Co. now owns 89,704 shares of the company’s stock worth $3,352,000 after buying an additional 45,574 shares during the last quarter. Atomi Financial Group Inc. acquired a new position in shares of Schwab Fundamental International Large Company Index ETF during the 4th quarter valued at about $261,000. Merit Financial Group LLC raised its stake in shares of Schwab Fundamental International Large Company Index ETF by 29.2% in the 4th quarter. Merit Financial Group LLC now owns 16,491 shares of the company’s stock valued at $548,000 after acquiring an additional 3,728 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in Schwab Fundamental International Large Company Index ETF by 3.4% in the 4th quarter. Atria Wealth Solutions Inc. now owns 22,596 shares of the company’s stock worth $750,000 after purchasing an additional 739 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in Schwab Fundamental International Large Company Index ETF during the fourth quarter valued at approximately $1,296,000.

Schwab Fundamental International Large Company Index ETF Stock Up 0.5 %

NYSEARCA:FNDF opened at $37.17 on Wednesday. The company’s 50 day moving average is $35.51 and its 200-day moving average is $35.38. The firm has a market cap of $14.75 billion, a price-to-earnings ratio of 13.47 and a beta of 0.84. Schwab Fundamental International Large Company Index ETF has a 12 month low of $32.65 and a 12 month high of $37.86.

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.