Baird Financial Group Inc. Purchases Shares of 40,981 Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Baird Financial Group Inc. purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 40,981 shares of the company’s stock, valued at approximately $1,190,000.

Several other large investors also recently made changes to their positions in FNDE. JPMorgan Chase & Co. increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 606.6% in the third quarter. JPMorgan Chase & Co. now owns 190,568 shares of the company’s stock valued at $6,150,000 after purchasing an additional 163,597 shares during the period. AdvisorNet Financial Inc increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 2.1% during the fourth quarter. AdvisorNet Financial Inc now owns 17,927 shares of the company’s stock valued at $521,000 after acquiring an additional 377 shares during the period. BCS Wealth Management acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter valued at approximately $280,000. Breakwater Capital Group acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter valued at approximately $268,000. Finally, Kathmere Capital Management LLC increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.0% during the fourth quarter. Kathmere Capital Management LLC now owns 352,041 shares of the company’s stock valued at $10,227,000 after acquiring an additional 10,318 shares during the period.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

NYSEARCA FNDE opened at $31.76 on Wednesday. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $26.43 and a 12 month high of $34.00. The firm has a market capitalization of $6.73 billion, a PE ratio of 9.62 and a beta of 0.59. The company’s 50 day simple moving average is $30.17 and its 200 day simple moving average is $30.19.

Schwab Fundamental Emerging Markets Large Company Index ETF 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.