Cetera Investment Advisers Acquires 69,397 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Cetera Investment Advisers lifted its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 60.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 183,487 shares of the company’s stock after acquiring an additional 69,397 shares during the period. Cetera Investment Advisers owned approximately 0.09% of Schwab Fundamental Emerging Markets Equity ETF worth $6,057,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FNDE. Johnson Bixby & Associates LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 5.1% during the second 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 last quarter. 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 valued at $402,000 after acquiring an additional 1,243 shares during the period. Truist Financial Corp bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at about $211,000. Park Avenue Securities LLC raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 30.9% in the 2nd quarter. Park Avenue Securities LLC now owns 16,971 shares of the company’s stock valued at $560,000 after acquiring an additional 4,009 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter worth approximately $1,091,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:FNDE opened at $36.34 on Monday. The firm has a market capitalization of $7.87 billion, a PE ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $37.83. The business’s 50 day moving average is $36.49 and its 200-day moving average is $34.43.

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.