NBC Securities Inc. Increases Stake in Schwab Fundamental International Large Company Index ETF

NBC Securities Inc. has recently announced a 2.7% increase in its holdings of the Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) during the third quarter. This information comes from the company's latest Form 13F filing with the Securities and Exchange Commission (SEC). After acquiring an additional 583 shares, NBC Securities now holds a total of 21,937 shares in the ETF, valued at approximately $819,000.

Other investment firms have also made adjustments to their stakes in the Schwab Fundamental International Large Company Index ETF. Red Mountain Financial LLC raised its investment by 5.3% during the same quarter, bringing its total to 6,154 shares, which are now worth about $230,000. Similarly, Kiley Juergens Wealth Management LLC increased its position by 2.7% in the second quarter, acquiring 315 new shares for a total holding of 12,031 shares, valued at $421,000.

Aptus Capital Advisors LLC and Versant Capital Management Inc. also enhanced their stakes; Aptus increased by 0.6% while Versant rose by 2.3% in the second quarter. Coldstream Capital Management Inc.'s stake grew by 1.6%. These movements reflect growing interest in the ETF among various investment firms.

Current Trading Information

As of Thursday, shares of the Schwab Fundamental International Large Company Index ETF traded at $36.49, up by 0.6%. The ETF maintains a 50-day moving average price of $36.41 and a 200-day moving average price of $35.83. The market capitalization of the ETF is approximately $13.33 billion, with a P/E ratio of 11.12 and a beta of 0.78. Over the past year, the ETF reached a low of $30.16 and a high of $37.85.

About Schwab Fundamental International Large Company Index ETF

The Schwab Fundamental International Large Company Index ETF (FNDF) primarily invests in large-cap equities, tracking an index comprised of large companies from developed markets outside the United States. The ETF employs a strategy that selects and weights stocks based on fundamental factors. Managed by Charles Schwab, FNDF was introduced on August 15, 2013.

Conclusion

As several firms continuously adjust their positions in the Schwab Fundamental International Large Company Index ETF, this trend may indicate rising confidence in the fund's potential growth. Investors often closely monitor such changes to gauge market sentiment and make informed decisions.

Investment, ETF, Finance