Bank of Montreal Can Buys 1,545 Shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Bank of Montreal Can lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 12.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,852 shares of the company’s stock after purchasing an additional 1,545 shares during the quarter. Bank of Montreal Can’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $402,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Smartleaf Asset Management LLC increased its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 5,268.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock valued at $34,000 after buying an additional 1,159 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 88.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock worth $35,000 after acquiring an additional 558 shares during the period. Murphy & Mullick Capital Management Corp bought a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 4th quarter worth approximately $48,000. Lee Danner & Bass Inc. purchased a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter worth approximately $55,000. Finally, Brown Brothers Harriman & Co. bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the 4th quarter valued at $58,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Performance

Schwab Fundamental Emerging Markets Large Company Index ETF stock opened at $29.53 on Wednesday. Schwab Fundamental Emerging Markets Large Company Index ETF has a fifty-two week low of $26.43 and a fifty-two week high of $34.00. The stock has a market cap of $6.26 billion, a P/E ratio of 9.38 and a beta of 0.59. The firm’s fifty day moving average price is $30.25 and its 200-day moving average price is $30.36.

Schwab Fundamental Emerging Markets Large Company Index ETF Company 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.