Bank of New York Mellon Corp Makes New $639,000 Investment in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Bank of New York Mellon Corp purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 21,980 shares of the company’s stock, valued at approximately $639,000.

A number of other large investors have also recently modified their holdings of the business. BNP Paribas Financial Markets purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter worth $164,000. Golden Bell Financial Planning LLC bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter worth about $236,000. Breakwater Capital Group purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter worth about $268,000. BCS Wealth Management bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 4th quarter valued at about $280,000. Finally, Warner Financial Inc. increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.7% during the 4th quarter. Warner Financial Inc. now owns 10,425 shares of the company’s stock valued at $303,000 after purchasing an additional 376 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

NYSEARCA:FNDE opened at $31.15 on Thursday. The company has a market capitalization of $6.60 billion, a price-to-earnings ratio of 10.45 and a beta of 0.73. The business has a 50 day moving average of $30.45 and a 200 day moving average of $30.63. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1-year low of $27.12 and a 1-year high of $34.00.

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.