ETFs

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

Published October 27, 2024

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). According to the firm's latest 13F filing with the Securities and Exchange Commission, Signaturefd increased its holdings by 10.4% during the third quarter of the year.

After purchasing an additional 684 shares, Signaturefd LLC now owns a total of 7,237 shares of the ETF, which are valued at approximately $270,000 as of the end of the last quarter.

Other hedge funds are also actively adjusting their stakes in FNDF. For instance, Red Mountain Financial LLC raised its investment by 5.3% during the same quarter, holding 6,154 shares worth about $230,000 after an additional purchase of 312 shares.

Kiley Juergens Wealth Management LLC increased its holdings by 2.7% in the previous quarter, accumulating 12,031 shares valued at $421,000 after acquiring 315 more shares. Similarly, Aptus Capital Advisors LLC and Versant Capital Management Inc. both reported slight increases in their stakes as well, with Aptus adding 315 shares for a total of 53,499 valued at $1,874,000, and Versant holding 14,149 shares worth $496,000.

Finally, Coldstream Capital Management Inc. also raised its position by 1.6%, now owning 22,735 shares valued at $796,000 after purchasing an additional 362 shares.

Current Performance of FNDF

The Schwab Fundamental International Large Company Index ETF saw a minor decline of 0.3% in its stock price. The ETF opened at $35.74, with a 50-day moving average of $36.61 and a 200-day moving average of $35.86. The ETF has a market capitalization of $13.05 billion and a price-to-earnings ratio of 11.12, with a beta of 0.78. Over the past year, it has reached a low of $30.16 and a high of $37.85.

About Schwab FNDF

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that primarily focuses on large-cap equities. It tracks an index of large companies from developed markets outside of the United States and employs a fundamental weighting strategy. FNDF was launched on August 15, 2013, and is managed by Charles Schwab.

investment, ETF, funds