Stratos Wealth Partners LTD. Purchases Shares of 16,078 Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE)

Stratos Wealth Partners LTD. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,078 shares of the company’s stock, valued at approximately $495,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Accredited Wealth Management LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $33,000. Steward Partners Investment Advisory LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 88.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the company’s stock worth $35,000 after buying an additional 558 shares during the period. Bessemer Group Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $35,000. Colonial Trust Co SC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $35,000. Finally, Fairway Wealth LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the first quarter worth $50,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.3%

FNDE opened at $33.38 on Tuesday. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $26.43 and a twelve month high of $34.00. The company has a fifty day moving average of $32.35 and a 200-day moving average of $30.75. The stock has a market cap of $7.12 billion, a PE ratio of 10.04 and a beta of 0.75.

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.