Silver Lake Advisory LLC Buys New Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Silver Lake Advisory LLC purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,052 shares of the company’s stock, valued at approximately $682,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNDE. Mather Group LLC. boosted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 27.3% in the 2nd quarter. Mather Group LLC. now owns 1,668 shares of the company’s stock valued at $46,000 after purchasing an additional 358 shares in the last quarter. Waverly Advisors LLC boosted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 0.6% in the first quarter. Waverly Advisors LLC now owns 63,348 shares of the company’s stock valued at $1,759,000 after buying an additional 371 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 13.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,538 shares of the company’s stock worth $96,000 after buying an additional 426 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 5.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 8,923 shares of the company’s stock worth $248,000 after buying an additional 483 shares in the last quarter. Finally, Vivaldi Capital Management LP raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 0.9% in the fourth quarter. Vivaldi Capital Management LP now owns 56,132 shares of the company’s stock valued at $1,490,000 after acquiring an additional 485 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of FNDE opened at $32.63 on Monday. The company has a market capitalization of $6.54 billion, a P/E ratio of 7.83 and a beta of 0.79. Schwab Fundamental Emerging Markets Large Company Index ETF has a one year low of $25.13 and a one year high of $32.86. The business’s 50 day simple moving average is $29.77 and its 200-day simple moving average is $29.30.

Schwab Fundamental Emerging Markets Large Company Index ETF Company Profile

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.