Magnolia Private Wealth LLC Makes New Investment in Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF)

Magnolia Private Wealth LLC acquired a new stake in Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 56,248 shares of the company’s stock, valued at approximately $1,868,000. Schwab Fundamental International Large Company Index ETF comprises approximately 1.1% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 16th largest holding.

A number of other institutional investors have also made changes to their positions in the business. UMB Bank n.a. acquired a new stake in Schwab Fundamental International Large Company Index ETF in the 4th quarter valued at $25,000. Blue Trust Inc. boosted its position in Schwab Fundamental International Large Company Index ETF by 1,842.5% during the fourth quarter. Blue Trust Inc. now owns 777 shares of the company’s stock valued at $26,000 after purchasing an additional 737 shares during the last quarter. Spire Wealth Management grew its stake in Schwab Fundamental International Large Company Index ETF by 255.8% in the fourth quarter. Spire Wealth Management now owns 861 shares of the company’s stock valued at $29,000 after purchasing an additional 619 shares in the last quarter. BankPlus Trust Department acquired a new position in shares of Schwab Fundamental International Large Company Index ETF during the 4th quarter worth approximately $29,000. Finally, WASHINGTON TRUST Co bought a new stake in shares of Schwab Fundamental International Large Company Index ETF during the 4th quarter worth approximately $30,000.

Schwab Fundamental International Large Company Index ETF Trading Up 1.1 %

Shares of FNDF opened at $35.94 on Wednesday. The company has a market cap of $13.13 billion, a price-to-earnings ratio of 11.12 and a beta of 0.78. The company’s fifty day simple moving average is $34.16 and its 200 day simple moving average is $35.34. Schwab Fundamental International Large Company Index ETF has a 1-year low of $32.65 and a 1-year high of $37.85.

Schwab Fundamental International Large Company Index ETF Company Profile

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.