Bank of America Corp DE Acquires 10,518 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Bank of America Corp DE grew its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,921,045 shares of the company’s stock after purchasing an additional 10,518 shares during the period. Bank of America Corp DE owned approximately 0.96% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $55,806,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Accredited Wealth Management LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at approximately $33,000. Mercer Global Advisors Inc. ADV raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 14.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 34,336 shares of the company’s stock valued at $997,000 after purchasing an additional 4,345 shares during the period. Davidson Kahn Capital Management LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at approximately $559,000. Jane Street Group LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at approximately $14,260,000. Finally, Waterford Advisors LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at approximately $7,862,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Up 0.5%

Shares of NYSEARCA:FNDE opened at $31.76 on Wednesday. The company has a 50 day moving average of $30.17 and a 200 day moving average of $30.19. The stock has a market cap of $6.73 billion, a P/E ratio of 9.62 and a beta of 0.59. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12 month low of $26.43 and a 12 month high of $34.00.

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.