Schwab Fundamental Emerging Markets Equity ETF $FNDE Stake Lessened by Cwm LLC

Cwm LLC lessened its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 3.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,940 shares of the company’s stock after selling 433 shares during the period. Cwm LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $361,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDE. Pflug Koory LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter worth $41,000. Operose Advisors LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 2,125.0% during the first quarter. Operose Advisors LLC now owns 1,424 shares of the company’s stock valued at $44,000 after purchasing an additional 1,360 shares during the last quarter. Hoey Investments Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at $47,000. Fairway Wealth LLC bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the first quarter valued at $50,000. Finally, MCF Advisors LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 28.1% during the first quarter. MCF Advisors LLC now owns 1,703 shares of the company’s stock valued at $52,000 after purchasing an additional 374 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

FNDE stock opened at $36.90 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $37.01. The firm has a fifty day moving average price of $35.54 and a two-hundred day moving average price of $33.32. The firm has a market cap of $8.00 billion, a price-to-earnings ratio of 10.04 and a beta of 0.75.

Schwab Fundamental Emerging Markets Equity ETF Company 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.