Cheviot Value Management LLC Has $3.50 Million Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

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

A number of other large investors have also recently added to or reduced their stakes in FNDE. Future Financial Wealth Managment LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter worth about $26,000. Triad Wealth Partners LLC bought a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the 2nd quarter valued at about $26,000. Whittier Trust Co. acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth approximately $28,000. Iron Horse Wealth Management LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the second quarter worth approximately $31,000. Finally, SYM FINANCIAL Corp acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the second quarter valued at approximately $32,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

FNDE stock opened at $30.53 on Monday. Schwab Fundamental Emerging Markets Large Company Index ETF has a fifty-two week low of $25.44 and a fifty-two week high of $33.99. The stock has a market capitalization of $6.12 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79. The business’s fifty day moving average price is $31.70 and its two-hundred day moving average price is $30.42.

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.