Waterford Advisors LLC Purchases 11,381 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Waterford Advisors LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 4.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 255,031 shares of the company’s stock after buying an additional 11,381 shares during the quarter. Schwab Fundamental Emerging Markets Large Company Index ETF accounts for about 3.0% of Waterford Advisors LLC’s portfolio, making the stock its 11th biggest holding. Waterford Advisors LLC owned about 0.13% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $7,080,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FNDE. FAS Wealth Partners Inc. bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter worth about $25,000. Addison Advisors LLC grew its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 132.5% during the fourth quarter. Addison Advisors LLC now owns 937 shares of the company’s stock worth $25,000 after buying an additional 534 shares in the last quarter. BOK Financial Private Wealth Inc. bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the first quarter worth about $27,000. Spire Wealth Management grew its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 695.7% in the first quarter. Spire Wealth Management now owns 1,305 shares of the company’s stock valued at $36,000 after purchasing an additional 1,141 shares in the last quarter. Finally, Mather Group LLC. bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the first quarter valued at approximately $36,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

FNDE stock traded down $0.08 during mid-day trading on Monday, reaching $29.23. The company had a trading volume of 337,367 shares, compared to its average volume of 594,889. The stock has a 50 day simple moving average of $29.79 and a two-hundred day simple moving average of $28.41. The company has a market capitalization of $5.85 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52 week low of $25.13 and a 52 week high of $30.83.

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.