Wedmont Private Capital Increases Stock Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Wedmont Private Capital raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 5.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 12,496 shares of the company’s stock after purchasing an additional 651 shares during the quarter. Wedmont Private Capital’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $356,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FNDE. HighTower Advisors LLC raised its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 28.5% in the 3rd quarter. HighTower Advisors LLC now owns 49,208 shares of the company’s stock worth $1,281,000 after purchasing an additional 10,925 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter worth $269,000. FMR LLC raised its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 21.5% in the 3rd quarter. FMR LLC now owns 7,124,052 shares of the company’s stock worth $186,793,000 after purchasing an additional 1,259,784 shares in the last quarter. Stifel Financial Corp raised its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 752.7% in the 3rd quarter. Stifel Financial Corp now owns 301,138 shares of the company’s stock worth $7,896,000 after purchasing an additional 265,823 shares in the last quarter. Finally, AlphaCore Capital LLC raised its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 449.9% in the 3rd quarter. AlphaCore Capital LLC now owns 6,027 shares of the company’s stock worth $158,000 after purchasing an additional 4,931 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Down 0.4 %

Shares of NYSEARCA FNDE opened at $29.89 on Friday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $25.13 and a 12 month high of $30.72. The firm has a market capitalization of $5.99 billion, a PE ratio of 7.83 and a beta of 0.79. The firm has a fifty day simple moving average of $29.21 and a two-hundred day simple moving average of $27.76.

About Schwab Fundamental Emerging Markets Large Company Index ETF

The Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of emerging market stocks. Its selection and weighting are based on three fundamental factors: sales, cash flow, and dividends\u002Fbuybacks.