Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) Shares Sold by Firestone Capital Management

Firestone Capital Management decreased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 17.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,361 shares of the company’s stock after selling 4,318 shares during the quarter. Firestone Capital Management’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $553,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FNDE. Commonwealth Equity Services LLC lifted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 2.5% during the third quarter. Commonwealth Equity Services LLC now owns 33,952 shares of the company’s stock valued at $890,000 after purchasing an additional 835 shares in the last quarter. Sheets Smith Wealth Management purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter valued at $29,000. Sebold Capital Management Inc. lifted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 12.5% during the third quarter. Sebold Capital Management Inc. now owns 197,387 shares of the company’s stock valued at $5,175,000 after purchasing an additional 21,936 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 17.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 39,629 shares of the company’s stock valued at $1,039,000 after buying an additional 5,995 shares during the last quarter. Finally, RHS Financial LLC raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 9.8% in the third quarter. RHS Financial LLC now owns 251,241 shares of the company’s stock valued at $6,588,000 after buying an additional 22,352 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDE traded down $0.42 during mid-day trading on Tuesday, reaching $28.29. The company’s stock had a trading volume of 383,890 shares, compared to its average volume of 649,083. The stock has a 50-day moving average of $27.68 and a two-hundred day moving average of $26.86. The stock has a market capitalization of $5.67 billion, a P/E ratio of 7.32 and a beta of 0.76. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1-year low of $25.13 and a 1-year high of $28.73.

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.