Charles Schwab Investment Management Inc. Has $3.59 Billion Holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Charles Schwab Investment Management Inc. cut its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 123,495,645 shares of the company’s stock after selling 386,450 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.62% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $3,587,549,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FNDE. Smartleaf Asset Management LLC lifted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $34,000 after buying an additional 1,159 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 88.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock valued at $35,000 after buying an additional 558 shares during the period. Angeles Wealth Management LLC acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at approximately $90,000. BNP Paribas Financial Markets acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at approximately $164,000. Finally, Intelligence Driven Advisers LLC acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at approximately $200,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of FNDE opened at $30.12 on Tuesday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52-week low of $27.11 and a 52-week high of $34.00. The business’s 50 day moving average price is $29.67 and its two-hundred day moving average price is $30.49. The firm has a market cap of $6.39 billion, a PE ratio of 9.23 and a beta of 0.73.

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.