Sanctuary Advisors LLC Makes New Investment in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Sanctuary Advisors LLC purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the third quarter, Holdings Channel reports. The fund purchased 162,979 shares of the company’s stock, valued at approximately $4,987,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FNDE. FMR LLC boosted its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 14.1% during the 3rd quarter. FMR LLC now owns 14,779,058 shares of the company’s stock worth $476,920,000 after buying an additional 1,828,216 shares during the period. Bogart Wealth LLC lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 93.0% during the 3rd quarter. Bogart Wealth LLC now owns 1,850,004 shares of the company’s stock worth $59,700,000 after acquiring an additional 891,287 shares during the last quarter. National Bank of Canada FI boosted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 79.9% during the second quarter. National Bank of Canada FI now owns 994,534 shares of the company’s stock valued at $29,438,000 after acquiring an additional 441,618 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 31.4% in the second quarter. Envestnet Asset Management Inc. now owns 909,134 shares of the company’s stock valued at $26,883,000 after purchasing an additional 217,055 shares during the last quarter. Finally, Systelligence LLC increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 230.7% in the third quarter. Systelligence LLC now owns 215,660 shares of the company’s stock worth $6,959,000 after purchasing an additional 150,440 shares during the period.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

NYSEARCA FNDE opened at $29.80 on Monday. The stock has a 50-day simple moving average of $31.40 and a 200 day simple moving average of $30.46. Schwab Fundamental Emerging Markets Large Company Index ETF has a twelve month low of $25.44 and a twelve month high of $33.99. The stock has a market capitalization of $5.97 billion, a PE ratio of 7.83 and a beta of 0.79.

About Schwab Fundamental Emerging Markets Large Company Index ETF

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.