Tumwater Wealth Management LLC Buys New Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Tumwater Wealth Management LLC acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 15,351 shares of the company’s stock, valued at approximately $446,000. Schwab Fundamental Emerging Markets Large Company Index ETF accounts for approximately 0.2% of Tumwater Wealth Management LLC’s holdings, making the stock its 21st biggest position.

A number of other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 14.1% during the third quarter. FMR LLC now owns 14,779,058 shares of the company’s stock valued at $476,920,000 after acquiring an additional 1,828,216 shares in the last quarter. Foster & Motley Inc. increased its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 0.5% during the fourth quarter. Foster & Motley Inc. now owns 1,333,017 shares of the company’s stock valued at $38,724,000 after acquiring an additional 6,623 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.4% during the third quarter. National Bank of Canada FI now owns 1,028,604 shares of the company’s stock valued at $33,191,000 after acquiring an additional 34,070 shares in the last quarter. Morningstar Investment Management LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 2.7% during the fourth quarter. Morningstar Investment Management LLC now owns 626,746 shares of the company’s stock valued at $18,207,000 after acquiring an additional 16,244 shares in the last quarter. Finally, HHM Wealth Advisors LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 2.2% during the fourth quarter. HHM Wealth Advisors LLC now owns 508,015 shares of the company’s stock valued at $14,758,000 after acquiring an additional 11,012 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of NYSEARCA:FNDE opened at $31.47 on Friday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1-year low of $27.12 and a 1-year high of $34.00. The company has a market capitalization of $6.67 billion, a PE ratio of 9.23 and a beta of 0.73. The business has a fifty day moving average price of $29.98 and a 200-day moving average price of $30.53.

Schwab Fundamental Emerging Markets Large Company Index ETF Company 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.