Abbington Investment Group Purchases New Shares in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Abbington Investment Group purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 147,809 shares of the company’s stock, valued at approximately $5,345,000. Schwab Fundamental Emerging Markets Equity ETF accounts for about 4.6% of Abbington Investment Group’s portfolio, making the stock its 6th biggest holding. Abbington Investment Group owned about 0.07% of Schwab Fundamental Emerging Markets Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Mather Group LLC. bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the third quarter worth approximately $36,000. PFS Partners LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the third quarter worth approximately $39,000. Pflug Koory LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the second quarter worth approximately $41,000. First Horizon Advisors Inc. increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 1,154.1% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,229 shares of the company’s stock worth $41,000 after acquiring an additional 1,131 shares during the period. Finally, Pin Oak Investment Advisors Inc. bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth $42,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA:FNDE opened at $36.96 on Friday. The company has a market cap of $8.38 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $26.43 and a fifty-two week high of $37.83. The stock has a fifty day moving average price of $36.60 and a 200-day moving average price of $35.42.

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.