Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) Shares Sold by LPL Financial LLC

LPL Financial LLC cut its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 14.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 274,042 shares of the company’s stock after selling 45,889 shares during the quarter. LPL Financial LLC owned approximately 0.13% of Schwab Fundamental Emerging Markets Equity ETF worth $8,440,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of FNDE. Accredited Wealth Management LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at approximately $33,000. Bessemer Group Inc. acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at approximately $35,000. Colonial Trust Co SC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at approximately $35,000. Fairway Wealth LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the first quarter valued at approximately $50,000. Finally, MCF Advisors LLC lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 28.1% in the first quarter. MCF Advisors LLC now owns 1,703 shares of the company’s stock valued at $52,000 after acquiring an additional 374 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.2%

Shares of NYSEARCA:FNDE opened at $34.04 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $26.43 and a 12-month high of $34.41. The company has a market capitalization of $7.26 billion, a PE ratio of 10.04 and a beta of 0.75. The business has a 50 day moving average of $33.16 and a two-hundred day moving average of $31.40.

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.