Elgethun Capital Management Grows Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Elgethun Capital Management increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 9.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 349,671 shares of the company’s stock after purchasing an additional 30,629 shares during the period. Schwab Fundamental Emerging Markets Large Company Index ETF accounts for 2.5% of Elgethun Capital Management’s holdings, making the stock its 13th biggest holding. Elgethun Capital Management owned 0.17% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $10,158,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its holdings in shares of 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 worth $34,000 after purchasing an additional 1,159 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of 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 purchasing an additional 558 shares in the last quarter. Murphy & Mullick Capital Management Corp bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter worth $48,000. Lee Danner & Bass Inc. purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter valued at $55,000. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter worth $58,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Down 5.7 %

FNDE opened at $28.54 on Monday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $27.02 and a 12 month high of $34.00. The stock has a 50-day moving average of $30.63 and a 200 day moving average of $30.69. The firm has a market cap of $6.05 billion, a P/E ratio of 9.38 and a beta of 0.59.

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.