Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) Shares Acquired by US Bancorp DE

US Bancorp DE raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 18.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,201 shares of the company’s stock after purchasing an additional 1,251 shares during the quarter. US Bancorp DE’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $238,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of FNDE. Veridan Wealth LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at $3,075,000. McGrath & Associates Inc. purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at $1,526,000. Whipplewood Advisors LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at $1,167,000. Magnolia Private Wealth LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at $1,242,000. Finally, MorganRosel Wealth Management LLC boosted its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 11.6% in the 4th quarter. MorganRosel Wealth Management LLC now owns 16,648 shares of the company’s stock valued at $484,000 after acquiring an additional 1,734 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

FNDE stock opened at $31.47 on Friday. The firm’s fifty day simple moving average is $29.98 and its 200-day simple moving average is $30.53. The company has a market capitalization of $6.67 billion, a P/E ratio of 9.23 and a beta of 0.73. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $27.12 and a 12 month high of $34.00.

About Schwab Fundamental Emerging Markets Large Company Index ETF

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.