Waverly Advisors LLC Has $3.59 Million Stock Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Waverly Advisors LLC grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 18.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 93,914 shares of the company’s stock after acquiring an additional 14,711 shares during the period. Waverly Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $3,593,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its position in Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock worth $4,433,914,000 after purchasing an additional 1,100,486 shares during the last quarter. Morgan Stanley grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the 4th quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock valued at $147,096,000 after buying an additional 1,281,067 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 6.4% in the third quarter. Bank of America Corp DE now owns 2,358,679 shares of the company’s stock valued at $85,290,000 after buying an additional 141,075 shares during the period. Bogart Wealth LLC increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.6% in the fourth quarter. Bogart Wealth LLC now owns 1,854,014 shares of the company’s stock valued at $66,856,000 after buying an additional 80,741 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock worth $43,070,000 after acquiring an additional 1,187,646 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.17 on Thursday. The stock’s 50 day moving average is $40.48 and its 200 day moving average is $39.68. The firm has a market cap of $9.46 billion, a P/E ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $33.10 and a one year high of $42.43.

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.