Sebold Capital Management Inc. Increases Stake in Schwab Fundamental International Large Company Index ETF
Sebold Capital Management Inc. has recently expanded its investment in the Schwab Fundamental International Large Company Index ETF (FNDF), enhancing its share ownership by 22.7% during the third quarter. The latest filings with the Securities and Exchange Commission reveal that the firm now possesses 28,769 shares in the ETF after purchasing an additional 5,313 shares during this period. These holdings are valued at $911,000 according to the most recent SEC disclosures.
Investment Adjustments by Other Institutions
Sebold Capital Management is not alone in adjusting its portfolio with FNDF shares. Multiple other hedge funds and institutional investors have also recently altered their stakes. Sheets Smith Wealth Management commenced a new position in FNDF with a valuation of $67,000 for their stake. Commonwealth Equity Services LLC boosted its ownership by 38.1%, bringing its total to 670,664 shares, valued at roughly $21.24 million. ST Germain D J Co. Inc. has similarly initiated a stake valued at $465,000. Charles Schwab Trust Co’s holdings grew by 9.4%, amounting to 625,463 shares worth close to $19.81 million. Moreover, U.S. Capital Wealth Advisors LLC increased their stake by 42.5%, equating to 160,493 shares with a market value of about $5.08 million.
Stock Performance of FNDF
The FNDF stock commenced trading at $33.73 on a recent Monday. The ETF has had a 12-month low of $29.03 and a high of $33.89, with a market capitalization standing at $11.00 billion. The fund exhibits a price-to-earnings ratio of 10.21 and a beta of 0.86. It also maintains a fifty-day moving average price of $32.34 and a 200-day moving average price of $32.26.
About Schwab Fundamental International Large Company Index ETF
The FNDF is notably an exchange-traded fund that predominantly invests in large-cap equity of companies situated in developed countries outside the United States. The fund selects these companies and weighs them based on fundamental metrics. Having commenced on August 15, 2013, the fund is managed by Charles Schwab, a respected entity in the investment world.
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