Schwab Fundamental ETF Sees $136.9 Million Inflow This Week

This week, a notable change in shares outstanding can be observed for the Schwab Fundamental International Large Company Index (Symbol: FNDF). The ETF has experienced an inflow of approximately $136.9 million, marking a 0.9% increase in outstanding units—from 401,100,000 to 404,800,000.

Current Performance of Top Holdings

Among the ETF’s largest components, Medtronic PLC (Symbol: MDT) has risen by about 0.3%, BioNTech SE (Symbol: BNTX) increased by approximately 4%, and Ferguson Enterprises Inc (Symbol: FERG) is up by 0.2%. For a detailed list of holdings, refer to the FNDF Holdings page.

Price Performance Analysis

The chart below illustrates FNDF’s one-year price performance against its 200-day moving average:

Observing the chart, FNDF has a 52-week low of $31.915 per share and a high of $37.855. The most recent trade was at $37.18. Comparing the latest share price to the 200-day moving average can offer valuable insights for technical analysis.

Understanding ETFs and Shares Outstanding

Exchange-traded funds (ETFs) function similarly to stocks, but investors buy and sell “units.” These units can be traded like shares and can also be created or destroyed based on investor demand. Each week, we track the week-over-week changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units means the underlying assets of the ETF must be purchased, while the destruction of units necessitates selling those assets.

For further insights into which other ETFs have experienced notable inflows this week, click here.

Also see:

• SHFL Videos
• D YTD Return
• URG Historical Stock Prices

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.