Commonwealth Equity Services LLC Sells 21,613 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Commonwealth Equity Services LLC lessened its stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE – Get Rating) by 40.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 31,904 shares of the company’s stock after selling 21,613 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $790,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Forza Wealth Management LLC purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter worth approximately $687,000. Ellevest Inc. bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter worth about $60,000. Bank of Montreal Can lifted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 56.7% during the fourth quarter. Bank of Montreal Can now owns 11,494 shares of the company’s stock worth $285,000 after purchasing an additional 4,158 shares during the last quarter. Alpha Omega Wealth Management LLC lifted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 10.1% during the fourth quarter. Alpha Omega Wealth Management LLC now owns 79,999 shares of the company’s stock worth $1,982,000 after purchasing an additional 7,357 shares during the last quarter. Finally, Red Tortoise LLC bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter worth about $1,754,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Down 1.5 %

Shares of FNDE stock opened at $26.10 on Wednesday. The firm has a market cap of $4.73 billion, a P/E ratio of 6.95 and a beta of 0.75. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12-month low of $22.97 and a 12-month high of $28.37. The business has a 50-day moving average price of $26.15 and a two-hundred day moving average price of $25.83.

About Schwab Fundamental Emerging Markets Large Company Index ETF

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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.