28,772 Shares in Schwab Fundamental Emerging Markets Equity ETF $FNDE Bought by Bangor Savings Bank

Bangor Savings Bank bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 28,772 shares of the company’s stock, valued at approximately $1,205,000.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 29.8% in the 1st 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 during the last quarter. Bleakley Financial Group LLC increased its holdings in Schwab Fundamental Emerging Markets Equity ETF by 559.4% during the first quarter. Bleakley Financial Group LLC now owns 439,715 shares of the company’s stock worth $16,823,000 after buying an additional 373,027 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV bought a new stake in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth about $12,974,000. Kozak & Associates Inc. raised its position in Schwab Fundamental Emerging Markets Equity ETF by 63,629.3% in the second quarter. Kozak & Associates Inc. now owns 209,032 shares of the company’s stock worth $8,236,000 after acquiring an additional 208,704 shares during the period. Finally, January Capital Advisors LLC boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 778.5% in the second quarter. January Capital Advisors LLC now owns 212,219 shares of the company’s stock valued at $8,421,000 after acquiring an additional 188,063 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE traded down $0.06 during mid-day trading on Tuesday, hitting $42.88. The stock had a trading volume of 1,692,152 shares, compared to its average volume of 1,218,267. The business has a fifty day moving average price of $41.94 and a 200-day moving average price of $40.72. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $34.69 and a 52 week high of $43.18. The firm has a market cap of $10.51 billion, a P/E ratio of 10.04 and a beta of 0.56.

About Schwab Fundamental Emerging Markets Equity ETF

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.