Elgethun Capital Management Grows Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Elgethun Capital Management raised its stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 349,671 shares of the company’s stock after buying an additional 30,629 shares during the quarter. Schwab Fundamental Emerging Markets Large Company Index ETF comprises about 2.5% of Elgethun Capital Management’s portfolio, making the stock its 13th biggest holding. Elgethun Capital Management’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $10,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of FNDE. Smartleaf Asset Management LLC lifted its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock worth $34,000 after purchasing an additional 1,159 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 88.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock worth $35,000 after acquiring an additional 558 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter worth $48,000. Lee Danner & Bass Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at $55,000. Finally, Brown Brothers Harriman & Co. purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at $58,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

FNDE opened at $28.54 on Monday. The stock has a market capitalization of $6.05 billion, a price-to-earnings ratio of 9.38 and a beta of 0.59. The business has a fifty day moving average price of $30.63 and a 200 day moving average price of $30.69. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $27.02 and a 12 month high of $34.00.

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.