Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $43.18 and last traded at $42.9410, with a volume of 1496373 shares changing hands. The stock had previously closed at $43.08.
Schwab Fundamental Emerging Markets Equity ETF Stock Down 0.2%
The firm has a market cap of $10.10 billion, a price-to-earnings ratio of 10.04 and a beta of 0.55. The company has a 50-day moving average price of $41.22 and a 200 day moving average price of $40.31.
Institutional Investors Weigh In On Schwab Fundamental Emerging Markets Equity ETF
A number of institutional investors have recently bought and sold shares of FNDE. Charles Schwab Investment Management Inc. grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock valued at $4,433,914,000 after acquiring an additional 1,100,486 shares in the last quarter. Morgan Stanley lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the fourth quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock worth $147,096,000 after purchasing an additional 1,281,067 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 29.8% during the first quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock worth $107,101,000 after purchasing an additional 641,952 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock worth $43,070,000 after purchasing an additional 1,187,646 shares during the period. Finally, Osaic Holdings Inc. grew its position in Schwab Fundamental Emerging Markets Equity ETF by 27.9% during the fourth quarter. Osaic Holdings Inc. now owns 1,086,047 shares of the company’s stock valued at $39,167,000 after purchasing an additional 237,007 shares in the last quarter.
Schwab Fundamental Emerging Markets Equity 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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.
See Also
- Five stocks we like better than Schwab Fundamental Emerging Markets Equity ETF
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for Schwab Fundamental Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
