Sax Wealth Advisors LLC Buys New Shares in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Sax Wealth Advisors LLC bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,095 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Advisory Inc. raised its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 1.2% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 124,878,009 shares of the company’s stock valued at $3,466,614,000 after purchasing an additional 1,511,376 shares during the period. 1832 Asset Management L.P. increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 127.4% during the fourth quarter. 1832 Asset Management L.P. now owns 2,762,324 shares of the company’s stock worth $74,969,000 after acquiring an additional 1,547,664 shares in the last quarter. SageView Advisory Group LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 17,329.4% during the first quarter. SageView Advisory Group LLC now owns 2,720,385 shares of the company’s stock worth $75,518,000 after acquiring an additional 2,704,777 shares in the last quarter. Morningstar Investment Services LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 96.6% during the fourth quarter. Morningstar Investment Services LLC now owns 1,188,938 shares of the company’s stock worth $32,244,000 after acquiring an additional 584,272 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter worth about $22,872,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of NYSEARCA:FNDE traded up $0.15 during midday trading on Friday, hitting $29.07. 324,353 shares of the company’s stock were exchanged, compared to its average volume of 600,768. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $25.13 and a 12 month high of $30.83. The stock has a 50 day moving average price of $29.57 and a 200-day moving average price of $28.55. The company has a market cap of $5.82 billion, a PE ratio of 7.83 and a beta of 0.79.

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.