Schwab Fundamental Emerging Markets Equity ETF $FNDE Stock: Sax Wealth Advisors LLC Cuts Holdings

Sax Wealth Advisors LLC reduced its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 40.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 171,069 shares of the company’s stock after selling 117,847 shares during the period. Sax Wealth Advisors LLC owned 0.07% of Schwab Fundamental Emerging Markets Equity ETF worth $7,163,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 29.8% during the first quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock worth $107,101,000 after buying an additional 641,952 shares in the last quarter. Morningstar Investment Management LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 3.3% in the 1st quarter. Morningstar Investment Management LLC now owns 723,788 shares of the company’s stock valued at $27,692,000 after buying an additional 22,898 shares in the last quarter. Johnson Bixby & Associates LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 7.3% in the 1st quarter. Johnson Bixby & Associates LLC now owns 573,053 shares of the company’s stock valued at $21,925,000 after buying an additional 39,120 shares in the last quarter. Bleakley Financial Group LLC increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 559.4% in the 1st quarter. Bleakley Financial Group LLC now owns 439,715 shares of the company’s stock worth $16,823,000 after acquiring an additional 373,027 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 17.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 416,262 shares of the company’s stock worth $17,042,000 after acquiring an additional 63,070 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.1%

Shares of FNDE traded up $0.05 during midday trading on Tuesday, reaching $42.92. The company had a trading volume of 578,498 shares, compared to its average volume of 1,223,916. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $34.99 and a 1-year high of $43.18. The firm has a 50 day simple moving average of $42.13 and a 200-day simple moving average of $40.90. The stock has a market cap of $10.52 billion, a PE ratio of 10.04 and a beta of 0.56.

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.