Pittenger & Anderson Inc. Sells 242,676 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Pittenger & Anderson Inc. lessened its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 56.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 187,366 shares of the company’s stock after selling 242,676 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $4,645,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Capital Investment Advisors LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $209,000. Meridian Wealth Management LLC grew its position in Schwab Emerging Markets Equity ETF by 156.4% in the third quarter. Meridian Wealth Management LLC now owns 33,682 shares of the company’s stock valued at $806,000 after purchasing an additional 20,543 shares in the last quarter. BlueSky Wealth Advisors LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 4.3% in the third quarter. BlueSky Wealth Advisors LLC now owns 967,612 shares of the company’s stock valued at $23,165,000 after acquiring an additional 40,148 shares during the last quarter. Etesian Wealth Advisors Inc. boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 1.0% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 123,223 shares of the company’s stock valued at $2,950,000 after buying an additional 1,224 shares during the last quarter. Finally, Ballast Advisors LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 0.7% in the 3rd quarter. Ballast Advisors LLC now owns 233,093 shares of the company’s stock valued at $5,580,000 after acquiring an additional 1,643 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE traded up $0.28 during trading hours on Friday, reaching $25.56. The company’s stock had a trading volume of 506,749 shares, compared to its average volume of 1,248,432. The company’s 50-day moving average is $25.11 and its 200-day moving average is $24.46. The firm has a market cap of $8.60 billion, a PE ratio of 11.72 and a beta of 0.80. Schwab Emerging Markets Equity ETF has a 52 week low of $22.88 and a 52 week high of $26.15.

About Schwab Emerging Markets Equity ETF

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.