Veridan Wealth LLC Buys Shares of 104,394 Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Veridan Wealth LLC purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 104,394 shares of the company’s stock, valued at approximately $3,075,000. Schwab Fundamental Emerging Markets Large Company Index ETF accounts for approximately 1.4% of Veridan Wealth LLC’s investment portfolio, making the stock its 22nd largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FNDE. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 8.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 115,361 shares of the company’s stock worth $3,723,000 after purchasing an additional 8,517 shares during the last quarter. Goldstone Financial Group LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter valued at about $1,509,000. US Bancorp DE lifted its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 150.2% during the third quarter. US Bancorp DE now owns 6,950 shares of the company’s stock valued at $224,000 after buying an additional 4,172 shares during the last quarter. Wealth Forward LLC boosted its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 18.3% in the 3rd quarter. Wealth Forward LLC now owns 184,823 shares of the company’s stock valued at $5,964,000 after buying an additional 28,625 shares in the last quarter. Finally, Principal Securities Inc. grew its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 9.5% in the 3rd quarter. Principal Securities Inc. now owns 333,500 shares of the company’s stock worth $10,762,000 after buying an additional 28,943 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Down 1.6 %

NYSEARCA FNDE opened at $30.62 on Friday. The firm has a market cap of $6.13 billion, a PE ratio of 7.83 and a beta of 0.79. Schwab Fundamental Emerging Markets Large Company Index ETF has a 52 week low of $27.02 and a 52 week high of $34.00. The company has a 50 day moving average price of $29.63 and a 200 day moving average price of $30.46.

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.