Bruce G. Allen Investments LLC Decreases Stake in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

Bruce G. Allen Investments LLC cut its position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 43.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,119 shares of the company’s stock after selling 19,525 shares during the period. Schwab Fundamental Emerging Markets Large Company Index ETF accounts for 0.6% of Bruce G. Allen Investments LLC’s investment portfolio, making the stock its 21st largest holding. Bruce G. Allen Investments LLC’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $730,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Future Financial Wealth Managment LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter valued at $26,000. Whittier Trust Co. acquired a new position in Schwab Fundamental Emerging Markets Large Company Index ETF in the third quarter valued at $28,000. SYM FINANCIAL Corp purchased a new position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the second quarter worth about $32,000. BOKF NA acquired a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF during the second quarter worth about $44,000. Finally, Angeles Wealth Management LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF in the 3rd quarter valued at about $90,000.

Schwab Fundamental Emerging Markets Large Company Index ETF Stock Down 2.1 %

NYSEARCA:FNDE traded down $0.61 during mid-day trading on Friday, reaching $28.19. 1,330,727 shares of the stock were exchanged, compared to its average volume of 849,692. Schwab Fundamental Emerging Markets Large Company Index ETF has a 1 year low of $25.44 and a 1 year high of $33.99. The company has a 50 day simple moving average of $30.28 and a 200-day simple moving average of $30.40. The stock has a market capitalization of $5.65 billion, a P/E ratio of 7.83 and a beta of 0.79.

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.