Tandem Financial LLC Purchases Shares of 255,799 Schwab Fundamental Emerging Markets Equity ETF $FNDE

Tandem Financial LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 255,799 shares of the company’s stock, valued at approximately $8,444,000. Schwab Fundamental Emerging Markets Equity ETF makes up approximately 7.9% of Tandem Financial LLC’s portfolio, making the stock its 3rd biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. First Horizon Advisors Inc. increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 1,154.1% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,229 shares of the company’s stock worth $41,000 after purchasing an additional 1,131 shares in the last quarter. Pflug Koory LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter worth approximately $41,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at approximately $42,000. Hoey Investments Inc. purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter valued at approximately $47,000. Finally, Operose Advisors LLC boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 2,125.0% in the 1st quarter. Operose Advisors LLC now owns 1,424 shares of the company’s stock worth $44,000 after purchasing an additional 1,360 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA FNDE opened at $36.98 on Tuesday. The firm’s 50 day moving average price is $36.70 and its two-hundred day moving average price is $34.83. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $26.43 and a twelve month high of $37.83. The stock has a market cap of $8.01 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62.

Schwab Fundamental Emerging Markets Equity ETF 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.