US Bancorp DE Grows Stock Position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE)

US Bancorp DE raised its position in Schwab Fundamental Emerging Markets Large Company Index ETF (NYSEARCA:FNDE) by 150.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,950 shares of the company’s stock after acquiring an additional 4,172 shares during the quarter. US Bancorp DE’s holdings in Schwab Fundamental Emerging Markets Large Company Index ETF were worth $224,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC increased its stake in Schwab Fundamental Emerging Markets Large Company Index ETF by 93.0% during the 3rd quarter. Bogart Wealth LLC now owns 1,850,004 shares of the company’s stock worth $59,700,000 after buying an additional 891,287 shares during the period. National Bank of Canada FI lifted its stake in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 79.9% in the second quarter. National Bank of Canada FI now owns 994,534 shares of the company’s stock worth $29,438,000 after acquiring an additional 441,618 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 31.4% in the second quarter. Envestnet Asset Management Inc. now owns 909,134 shares of the company’s stock valued at $26,883,000 after purchasing an additional 217,055 shares during the last quarter. Callan Capital LLC increased its holdings in Schwab Fundamental Emerging Markets Large Company Index ETF by 6.3% during the 2nd quarter. Callan Capital LLC now owns 545,790 shares of the company’s stock worth $16,139,000 after purchasing an additional 32,545 shares during the last quarter. Finally, HHM Wealth Advisors LLC raised its position in shares of Schwab Fundamental Emerging Markets Large Company Index ETF by 4.0% in the 2nd quarter. HHM Wealth Advisors LLC now owns 499,203 shares of the company’s stock valued at $14,761,000 after purchasing an additional 19,320 shares in the last quarter.

Schwab Fundamental Emerging Markets Large Company Index ETF Trading Down 0.8 %

FNDE stock opened at $30.46 on Friday. The firm has a 50 day simple moving average of $31.44 and a 200-day simple moving average of $30.30. The company has a market capitalization of $6.10 billion, a P/E ratio of 7.83 and a beta of 0.79. Schwab Fundamental Emerging Markets Large Company Index ETF has a twelve month low of $25.44 and a twelve month high of $33.99.

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.