Orion Portfolio Solutions LLC Reduces Stock Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Orion Portfolio Solutions LLC cut its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 4.7% during the 3rd quarter, Holdings Channel reports. The firm owned 162,560 shares of the company’s stock after selling 8,042 shares during the period. Orion Portfolio Solutions LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $5,246,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. FMR LLC raised its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 14.1% in the 3rd quarter. FMR LLC now owns 14,779,058 shares of the company’s stock worth $476,920,000 after purchasing an additional 1,828,216 shares in the last quarter. Bogart Wealth LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 93.0% during the third quarter. Bogart Wealth LLC now owns 1,850,004 shares of the company’s stock valued at $59,700,000 after buying an additional 891,287 shares during the period. National Bank of Canada FI raised its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.4% in the third quarter. National Bank of Canada FI now owns 1,028,604 shares of the company’s stock worth $33,191,000 after buying an additional 34,070 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 31.4% in the second quarter. Envestnet Asset Management Inc. now owns 909,134 shares of the company’s stock worth $26,883,000 after buying an additional 217,055 shares during the period. Finally, Callan Capital LLC boosted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 6.3% during the 2nd quarter. Callan Capital LLC now owns 545,790 shares of the company’s stock valued at $16,139,000 after acquiring an additional 32,545 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

FNDE stock opened at $30.93 on Monday. Schwab Fundamental Emerging Markets Large Company Index ETF has a fifty-two week low of $25.44 and a fifty-two week high of $33.99. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79. The business’s 50 day moving average price is $31.59 and its two-hundred day moving average price is $30.43.

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.