104,394 Shares in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) Acquired by Veridan Wealth LLC

Veridan Wealth LLC acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 104,394 shares of the company’s stock, valued at approximately $3,075,000. Schwab Fundamental Emerging Markets Large Company Index ETF comprises approximately 1.4% of Veridan Wealth LLC’s portfolio, making the stock its 22nd biggest position. Veridan Wealth LLC owned approximately 0.05% of Schwab Fundamental Emerging Markets Large Company Index ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 606.6% in the third quarter. JPMorgan Chase & Co. now owns 190,568 shares of the company’s stock worth $6,150,000 after purchasing an additional 163,597 shares during the last quarter. Park Avenue Securities LLC boosted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 13.4% in the 4th quarter. Park Avenue Securities LLC now owns 10,655 shares of the company’s stock valued at $310,000 after buying an additional 1,256 shares during the period. Stifel Financial Corp grew its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.8% in the 3rd quarter. Stifel Financial Corp now owns 50,547 shares of the company’s stock worth $1,631,000 after acquiring an additional 1,829 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 9.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 69,610 shares of the company’s stock worth $2,022,000 after acquiring an additional 6,011 shares during the period. Finally, BNP Paribas Financial Markets bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter valued at approximately $164,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDE opened at $30.62 on Friday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52-week low of $27.02 and a 52-week high of $34.00. The firm has a market capitalization of $6.13 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79. The stock has a 50 day moving average price of $29.63 and a 200 day moving average price of $30.46.

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.