Allworth Financial LP Cuts Stock Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Allworth Financial LP lessened its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 25.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,817 shares of the company’s stock after selling 2,998 shares during the quarter. Allworth Financial LP’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $291,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FNDE. Johnson Bixby & Associates LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 5.1% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 419,921 shares of the company’s stock valued at $13,862,000 after buying an additional 20,351 shares during the period. Farther Finance Advisors LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 11.4% during the second quarter. Farther Finance Advisors LLC now owns 12,178 shares of the company’s stock worth $402,000 after acquiring an additional 1,243 shares during the last quarter. Truist Financial Corp purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the second quarter valued at $211,000. IFP Advisors Inc lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 132.3% in the 1st quarter. IFP Advisors Inc now owns 19,507 shares of the company’s stock valued at $601,000 after purchasing an additional 11,111 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 9.0% in the 1st quarter. Cerity Partners LLC now owns 40,449 shares of the company’s stock valued at $1,246,000 after purchasing an additional 3,341 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 1.3%

NYSEARCA FNDE opened at $36.93 on Tuesday. The stock has a fifty day simple moving average of $36.41 and a 200-day simple moving average of $34.27. The stock has a market cap of $8.00 billion, a PE ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $26.43 and a twelve month high of $37.83.

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.