Empirical Financial Services LLC d.b.a. Empirical Wealth Management Cuts Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lessened its position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 2.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 127,710 shares of the company’s stock after selling 2,751 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned about 0.07% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $3,466,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. IFG Advisory LLC increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.4% during the fourth quarter. IFG Advisory LLC now owns 143,852 shares of the company’s stock valued at $3,904,000 after buying an additional 4,681 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter valued at $144,000. Planned Solutions Inc. bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the fourth quarter valued at about $55,000. Kaizen Financial Strategies increased its position in 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 worth $1,171,000 after buying an additional 738 shares in the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the fourth quarter worth about $245,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of FNDE stock traded down $0.08 during trading hours on Tuesday, reaching $29.19. 302,512 shares of the company traded hands, compared to its average volume of 636,148. The firm has a 50-day moving average price of $27.81 and a 200 day moving average price of $26.96. The company has a market cap of $5.85 billion, a P/E ratio of 7.83 and a beta of 0.79. Schwab Fundamental Emerging Markets Large Company Index ETF has a 12-month low of $25.13 and a 12-month high of $29.31.

About Schwab Fundamental Emerging Markets Large Company Index ETF

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.