Etesian Wealth Advisors Inc. Acquires 23,695 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Etesian Wealth Advisors Inc. raised its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 21.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 131,928 shares of the company’s stock after purchasing an additional 23,695 shares during the period. Schwab Fundamental Emerging Markets Equity ETF makes up 1.5% of Etesian Wealth Advisors Inc.’s portfolio, making the stock its 18th biggest position. Etesian Wealth Advisors Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $4,757,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Delta Asset Management LLC TN bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth about $25,000. Phillips Financial Management LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth about $27,000. NBC Securities Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth about $32,000. Russell Investments Group Ltd. grew its holdings in shares of 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 worth $38,000 after purchasing an additional 712 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 213.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,155 shares of the company’s stock worth $42,000 after purchasing an additional 786 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

FNDE opened at $41.51 on Friday. The firm’s 50-day simple moving average is $40.15 and its 200-day simple moving average is $38.63. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $31.98 and a twelve month high of $42.43. The firm has a market cap of $9.68 billion, a price-to-earnings ratio of 10.04 and a beta of 0.55.

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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.