Cabot Wealth Management Inc. Cuts Stock Holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Cabot Wealth Management Inc. lessened its position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 23.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 273,108 shares of the company’s stock after selling 84,692 shares during the quarter. Cabot Wealth Management Inc. owned about 0.14% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $7,934,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FNDE. Angeles Wealth Management LLC acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter valued at $90,000. Signaturefd LLC raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 24.6% in the third quarter. Signaturefd LLC now owns 4,904 shares of the company’s stock valued at $158,000 after buying an additional 968 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter worth about $164,000. Intelligence Driven Advisers LLC acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth about $200,000. Finally, Savvy Advisors Inc. purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter valued at about $210,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Down 0.2 %

FNDE stock opened at $31.23 on Friday. The company has a market cap of $6.26 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79. The firm has a 50-day moving average of $29.51 and a two-hundred day moving average of $30.40. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $27.02 and a 12 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.