Beacon Pointe Advisors LLC Reduces Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Beacon Pointe Advisors LLC lessened its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 6.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 36,188 shares of the company’s stock after selling 2,359 shares during the period. Beacon Pointe Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $1,051,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First National Corp MA ADV lifted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 0.9% during the 4th quarter. First National Corp MA ADV now owns 40,660 shares of the company’s stock worth $1,181,000 after buying an additional 350 shares in the last quarter. Warner Financial Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.7% in the fourth quarter. Warner Financial Inc. now owns 10,425 shares of the company’s stock valued at $303,000 after acquiring an additional 376 shares in the last quarter. AdvisorNet Financial Inc grew its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 2.1% during the 4th quarter. AdvisorNet Financial Inc now owns 17,927 shares of the company’s stock worth $521,000 after purchasing an additional 377 shares in the last quarter. Tempus Wealth Planning LLC increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.5% during the 4th quarter. Tempus Wealth Planning LLC now owns 12,642 shares of the company’s stock worth $367,000 after purchasing an additional 426 shares during the period. Finally, O Shaughnessy Asset Management LLC raised its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 19.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,668 shares of the company’s stock valued at $78,000 after purchasing an additional 430 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Up 2.7 %

NYSEARCA FNDE opened at $30.90 on Friday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52 week low of $26.43 and a 52 week high of $34.00. The firm has a 50 day moving average of $30.11 and a two-hundred day moving average of $30.24. The stock has a market capitalization of $6.55 billion, a PE ratio of 9.62 and a beta of 0.59.

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.