Charles Schwab Trust Co Purchases 21,251 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Charles Schwab Trust Co grew its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 5.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 386,894 shares of the company’s stock after purchasing an additional 21,251 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises about 0.9% of Charles Schwab Trust Co’s portfolio, making the stock its 25th largest position. Charles Schwab Trust Co owned approximately 0.18% of Schwab Fundamental Emerging Markets Equity ETF worth $13,990,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FNDE. Revolve Wealth Partners LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth $321,000. HighTower Advisors LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.4% during the first quarter. HighTower Advisors LLC now owns 52,471 shares of the company’s stock worth $1,616,000 after purchasing an additional 1,244 shares during the period. Raymond James Financial Inc. raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.4% during the first quarter. Raymond James Financial Inc. now owns 553,171 shares of the company’s stock worth $17,038,000 after purchasing an additional 56,527 shares during the period. Summit Financial LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 1st quarter valued at approximately $420,000. Finally, CW Advisors LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 1st quarter valued at approximately $1,761,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE stock opened at $35.57 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $26.43 and a 52 week high of $37.83. The company’s 50 day moving average price is $36.64 and its two-hundred day moving average price is $35.06. The company has a market capitalization of $7.71 billion, a P/E ratio of 10.04 and a beta of 0.62.

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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.