Truist Financial Corp Acquires Shares of 6,386 Schwab Fundamental Emerging Markets Equity ETF $FNDE

Truist Financial Corp acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,386 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FNDE. Operose Advisors LLC grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 2,125.0% during the 1st quarter. Operose Advisors LLC now owns 1,424 shares of the company’s stock worth $44,000 after acquiring an additional 1,360 shares during the period. Hoey Investments Inc. bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth $47,000. Fairway Wealth LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 1st quarter worth $50,000. MCF Advisors LLC grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 28.1% during the 1st quarter. MCF Advisors LLC now owns 1,703 shares of the company’s stock worth $52,000 after acquiring an additional 374 shares during the period. Finally, Founders Financial Alliance LLC grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 1,718.9% during the 1st quarter. Founders Financial Alliance LLC now owns 1,728 shares of the company’s stock worth $53,000 after acquiring an additional 1,633 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

FNDE stock opened at $36.16 on Friday. The company has a market capitalization of $7.84 billion, a price-to-earnings ratio of 10.04 and a beta of 0.75. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $26.43 and a fifty-two week high of $36.53. The stock has a fifty day moving average of $35.32 and a 200-day moving average of $33.02.

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.