Charles Schwab Trust Co decreased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) by 44.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 229,546 shares of the company’s stock after selling 180,062 shares during the quarter. Charles Schwab Trust Co owned about 0.09% of Schwab Fundamental Emerging Markets Equity ETF worth $9,611,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in FNDE. Quantinno Capital Management LP lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 25.5% in the 1st quarter. Quantinno Capital Management LP now owns 77,032 shares of the company’s stock worth $2,947,000 after buying an additional 15,670 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at about $5,119,000. IFC & Insurance Marketing Inc. grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 27,264.0% during the first quarter. IFC & Insurance Marketing Inc. now owns 20,523 shares of the company’s stock valued at $785,000 after acquiring an additional 20,448 shares in the last quarter. Prairiewood Capital LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.9% during the first quarter. Prairiewood Capital LLC now owns 353,734 shares of the company’s stock worth $13,534,000 after acquiring an additional 16,503 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 57.0% during the first quarter. LFA Lugano Financial Advisors SA now owns 334,560 shares of the company’s stock worth $12,800,000 after acquiring an additional 121,403 shares during the last quarter.
Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.2%
FNDE stock traded down $0.07 during midday trading on Thursday, hitting $42.65. 978,921 shares of the company’s stock were exchanged, compared to its average volume of 1,238,410. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $34.99 and a 12-month high of $43.18. The firm has a 50 day moving average price of $42.18 and a 200-day moving average price of $40.98. The stock has a market capitalization of $10.46 billion, a price-to-earnings 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.
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