Magnolia Private Wealth LLC Purchases Shares of 42,752 Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Magnolia Private Wealth LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 42,752 shares of the company’s stock, valued at approximately $1,242,000. Schwab Fundamental Emerging Markets Large Company Index ETF comprises 0.7% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 23rd largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Angeles Wealth Management LLC acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the 3rd quarter valued at $90,000. BNP Paribas Financial Markets acquired a new stake in Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth approximately $164,000. Intelligence Driven Advisers LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the third quarter worth approximately $200,000. Savvy Advisors Inc. acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at approximately $210,000. Finally, US Bancorp DE lifted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 150.2% during the 3rd quarter. US Bancorp DE now owns 6,950 shares of the company’s stock worth $224,000 after purchasing an additional 4,172 shares during the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Price Performance

Shares of NYSEARCA FNDE opened at $30.86 on Wednesday. The firm has a market cap of $6.18 billion, a price-to-earnings ratio of 7.83 and a beta of 0.79. The stock’s fifty day moving average price is $29.56 and its two-hundred day moving average price is $30.46. Schwab Fundamental Emerging Markets Large Company Index ETF has a one year low of $27.02 and a one year high of $33.99.

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.