Lincoln National Corp Reduces Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Lincoln National Corp cut its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 10.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 286,032 shares of the company’s stock after selling 33,280 shares during the quarter. Lincoln National Corp’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $7,763,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FNDE. Charles Schwab Investment Advisory Inc. raised its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 1.6% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 119,755,020 shares of the company’s stock valued at $3,139,977,000 after purchasing an additional 1,857,081 shares during the last quarter. FMR LLC lifted its holdings in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 21.5% in the 3rd quarter. FMR LLC now owns 7,124,052 shares of the company’s stock valued at $186,793,000 after buying an additional 1,259,784 shares during the period. Unison Advisors LLC raised its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.5% in the fourth quarter. Unison Advisors LLC now owns 2,677,086 shares of the company’s stock worth $72,656,000 after acquiring an additional 90,429 shares in the last quarter. Arlington Financial Advisors LLC acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at $18,086,000. Finally, UBS Group AG lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 30.9% in the third quarter. UBS Group AG now owns 636,077 shares of the company’s stock valued at $16,678,000 after purchasing an additional 150,061 shares during the period.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of NYSEARCA FNDE traded up $0.06 on Monday, hitting $29.27. The company’s stock had a trading volume of 415,453 shares, compared to its average volume of 639,982. The stock has a 50 day moving average of $27.81 and a 200-day moving average of $26.96. The company has a market capitalization of $5.86 billion, a price-to-earnings ratio of 7.32 and a beta of 0.76. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12-month low of $25.13 and a 12-month high of $29.31.

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.