Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Purchased by Elgethun Capital Management

Elgethun Capital Management increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 9.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 489,738 shares of the company’s stock after buying an additional 43,211 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises 3.2% of Elgethun Capital Management’s investment portfolio, making the stock its 7th biggest holding. Elgethun Capital Management owned about 0.23% of Schwab Fundamental Emerging Markets Equity ETF worth $17,797,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in FNDE. Cullen Frost Bankers Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at approximately $29,000. Mather Group LLC. acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at $36,000. Russell Investments Group Ltd. raised its position in Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after purchasing an additional 712 shares during the last quarter. PFS Partners LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth $39,000. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth $42,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $37.92 on Friday. The company has a market capitalization of $8.65 billion, a P/E ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $40.92. The company’s fifty day moving average is $38.80 and its two-hundred day moving average is $37.08.

Schwab Fundamental Emerging Markets Equity 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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.