Raymond James Financial Inc. Makes New Investment in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Raymond James Financial Inc. acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 496,644 shares of the company’s stock, valued at approximately $14,428,000.

Several other institutional investors and hedge funds have also bought and sold shares of FNDE. First National Corp MA ADV lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 0.9% in the 4th quarter. First National Corp MA ADV now owns 40,660 shares of the company’s stock valued at $1,181,000 after purchasing an additional 350 shares during the period. Warner Financial Inc. lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 3.7% in the 4th quarter. Warner Financial Inc. now owns 10,425 shares of the company’s stock valued at $303,000 after purchasing an additional 376 shares during the period. AdvisorNet Financial Inc lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 2.1% in the 4th quarter. AdvisorNet Financial Inc now owns 17,927 shares of the company’s stock valued at $521,000 after purchasing an additional 377 shares during the period. MAI Capital Management lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 0.4% in the 3rd quarter. MAI Capital Management now owns 106,133 shares of the company’s stock valued at $3,425,000 after purchasing an additional 421 shares during the period. Finally, Tempus Wealth Planning LLC increased its position in Schwab Fundamental Emerging Markets Large Company Index ETF by 3.5% during the 4th quarter. Tempus Wealth Planning LLC now owns 12,642 shares of the company’s stock valued at $367,000 after buying an additional 426 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Down 0.5 %

FNDE stock opened at $31.85 on Wednesday. Schwab Fundamental Emerging Markets Large Company Index ETF has a twelve month low of $27.12 and a twelve month high of $34.00. The firm has a market cap of $6.75 billion, a PE ratio of 9.23 and a beta of 0.73. The business has a 50 day moving average of $30.10 and a 200 day moving average of $30.56.

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.