Brown Brothers Harriman & Co. Acquires Shares of 1,994 Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Brown Brothers Harriman & Co. bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,994 shares of the company’s stock, valued at approximately $58,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FNDE. Raymond James Financial Inc. purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter worth about $14,428,000. Nicholas Hoffman & Company LLC. raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 420.0% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 229,867 shares of the company’s stock worth $6,678,000 after buying an additional 185,661 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 606.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 190,568 shares of the company’s stock worth $6,150,000 after buying an additional 163,597 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter valued at approximately $4,987,000. Finally, Veridan Wealth LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at approximately $3,075,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

NYSEARCA:FNDE opened at $30.88 on Thursday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $27.12 and a 1 year high of $34.00. The stock has a fifty day moving average price of $30.64 and a two-hundred day moving average price of $30.68. The stock has a market capitalization of $6.55 billion, a price-to-earnings ratio of 10.45 and a beta of 0.73.

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.