Townsend Asset Management Corp NC ADV Reduces Holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Townsend Asset Management Corp NC ADV lessened its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 31.7% during the third quarter, Holdings Channel reports. The institutional investor owned 3,258 shares of the company’s stock after selling 1,515 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Triad Wealth Partners LLC purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 2nd quarter worth about $26,000. Future Financial Wealth Managment LLC purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter worth about $26,000. BOK Financial Private Wealth Inc. purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 1st quarter worth about $27,000. Whittier Trust Co. purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter worth about $28,000. Finally, Iron Horse Wealth Management LLC bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the 2nd quarter worth about $31,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Down 0.7 %

Shares of NYSEARCA FNDE opened at $32.04 on Tuesday. The firm has a market capitalization of $6.42 billion, a P/E ratio of 7.83 and a beta of 0.79. The stock’s 50-day simple moving average is $30.90 and its two-hundred day simple moving average is $29.86. Schwab Fundamental Emerging Markets Large Company Index ETF has a twelve month low of $25.13 and a twelve month high of $33.99.

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.