McGrath & Associates Inc. Purchases Shares of 52,529 Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

McGrath & Associates Inc. acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 52,529 shares of the company’s stock, valued at approximately $1,526,000. Schwab Fundamental Emerging Markets Large Company Index ETF makes up 3.1% of McGrath & Associates Inc.’s holdings, making the stock its 13th largest holding.

Several other institutional investors have also modified their holdings of the company. Angeles Wealth Management LLC bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter worth about $90,000. BNP Paribas Financial Markets bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter worth approximately $164,000. Intelligence Driven Advisers LLC acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter valued at approximately $200,000. Savvy Advisors Inc. bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth approximately $210,000. Finally, US Bancorp DE grew its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 150.2% in the third quarter. US Bancorp DE now owns 6,950 shares of the company’s stock worth $224,000 after buying an additional 4,172 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

NYSEARCA FNDE opened at $31.13 on Thursday. The stock has a market capitalization of $6.24 billion, a P/E ratio of 7.83 and a beta of 0.79. The business’s fifty day moving average is $29.60 and its two-hundred day moving average is $30.46. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $27.02 and a 1 year high of $34.00.

Schwab Fundamental Emerging Markets Large Company Index ETF 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.