The Schwab Fundamental International Large Company Index ETF (FNDF) experienced a significant outflow of approximately $312.8 million, marking a 1.6% decrease in shares outstanding, from 439.4 million to 432.5 million. This data was noted in the latest week, indicating a notable shift in investor interest.
Among FNDF’s largest components, Aptiv PLC (APTIV) saw a 0.5% decline, ZIM Integrated Shipping Services Ltd (ZIM) decreased by 1.4%, and NXP Semiconductors NV (NXPI) declined by about 1% as well. The ETF’s price has fluctuated between a 52-week low of $31.92 and a high of $45.90, with the latest trading price at $45.30.
ETFs like FNDF operate similarly to stocks, where “units” are traded rather than shares. The weekly monitoring of changes in outstanding units offers insights into the underlying market dynamics, with significant inflows or outflows potentially impacting component stocks.
