Saxon Interests Inc. Makes New Investment in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Saxon Interests Inc. acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the 4th quarter, Holdings Channel.com reports. The firm acquired 21,174 shares of the company’s stock, valued at approximately $575,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Johnson Bixby & Associates LLC lifted its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 4.6% during the fourth quarter. Johnson Bixby & Associates LLC now owns 233,203 shares of the company’s stock worth $6,329,000 after buying an additional 10,299 shares during the period. Kaizen Financial Strategies grew its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 1.7% in the fourth quarter. Kaizen Financial Strategies now owns 43,140 shares of the company’s stock valued at $1,171,000 after buying an additional 738 shares in the last quarter. Planned Solutions Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter valued at about $55,000. Sebold Capital Management Inc. grew its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 21.0% in the fourth quarter. Sebold Capital Management Inc. now owns 238,913 shares of the company’s stock valued at $6,484,000 after buying an additional 41,526 shares in the last quarter. Finally, IFG Advisory LLC boosted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.4% in the fourth quarter. IFG Advisory LLC now owns 143,852 shares of the company’s stock valued at $3,904,000 after purchasing an additional 4,681 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

FNDE traded up $0.12 on Friday, reaching $27.76. The company’s stock had a trading volume of 525,814 shares, compared to its average volume of 655,730. The stock has a market cap of $5.15 billion, a price-to-earnings ratio of 7.25 and a beta of 0.75. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $25.13 and a 1 year high of $28.37. The business’s 50 day moving average is $27.16 and its 200 day moving average is $26.62.

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.