Cheviot Value Management LLC Sells 16,294 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Cheviot Value Management LLC lowered its position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 13.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 108,563 shares of the company’s stock after selling 16,294 shares during the period. Cheviot Value Management LLC owned 0.05% of Schwab Fundamental Emerging Markets Large Company Index ETF worth $3,503,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FNDE. FMR LLC raised its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 14.1% in the third quarter. FMR LLC now owns 14,779,058 shares of the company’s stock worth $476,920,000 after acquiring an additional 1,828,216 shares during the last quarter. Bogart Wealth LLC lifted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 93.0% during the 3rd quarter. Bogart Wealth LLC now owns 1,850,004 shares of the company’s stock worth $59,700,000 after buying an additional 891,287 shares in the last quarter. National Bank of Canada FI increased its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 79.9% in the 2nd quarter. National Bank of Canada FI now owns 994,534 shares of the company’s stock valued at $29,438,000 after buying an additional 441,618 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 31.4% during the second quarter. Envestnet Asset Management Inc. now owns 909,134 shares of the company’s stock worth $26,883,000 after acquiring an additional 217,055 shares during the last quarter. Finally, Systelligence LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 230.7% during the third quarter. Systelligence LLC now owns 215,660 shares of the company’s stock valued at $6,959,000 after acquiring an additional 150,440 shares during the period.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of NYSEARCA:FNDE opened at $30.53 on Monday. The company has a 50 day moving average of $31.70 and a 200-day moving average of $30.42. Schwab Fundamental Emerging Markets Large Company Index ETF has a one year low of $25.44 and a one year high of $33.99. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79.

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.