Sequoia Financial Advisors LLC Boosts Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Sequoia Financial Advisors LLC boosted its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,258 shares of the company’s stock after acquiring an additional 2,262 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $472,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FNDE. MAI Capital Management increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 0.4% in the 3rd quarter. MAI Capital Management now owns 106,133 shares of the company’s stock worth $3,425,000 after acquiring an additional 421 shares during the last quarter. Caprock Group LLC acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth about $479,000. Von Berge Wealth Management Group LLC boosted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 13.6% in the 3rd quarter. Von Berge Wealth Management Group LLC now owns 19,033 shares of the company’s stock valued at $602,000 after purchasing an additional 2,281 shares during the last quarter. FMR LLC grew its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 14.1% in the 3rd quarter. FMR LLC now owns 14,779,058 shares of the company’s stock valued at $476,920,000 after buying an additional 1,828,216 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter valued at approximately $164,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

FNDE stock opened at $31.85 on Wednesday. Schwab Fundamental Emerging Markets Large Company Index ETF has a one year low of $27.12 and a one year high of $34.00. The firm has a market cap of $6.75 billion, a PE ratio of 9.23 and a beta of 0.73. The firm’s 50 day moving average price is $30.10 and its 200-day moving average price is $30.56.

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.