CVA Family Office LLC Grows Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

CVA Family Office LLC raised its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 14.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 277,880 shares of the company’s stock after acquiring an additional 34,430 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up 1.3% of CVA Family Office LLC’s portfolio, making the stock its 19th biggest holding. CVA Family Office LLC owned approximately 0.13% of Schwab Fundamental Emerging Markets Equity ETF worth $10,048,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mather Group LLC. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth about $36,000. PFS Partners LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at about $39,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth about $44,000. First Horizon Advisors Inc. grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 1,154.1% during the second quarter. First Horizon Advisors Inc. now owns 1,229 shares of the company’s stock worth $41,000 after buying an additional 1,131 shares in the last quarter. Finally, Pflug Koory LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the second quarter worth about $41,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE opened at $38.10 on Thursday. The company has a market capitalization of $8.65 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62. The company’s 50 day simple moving average is $36.70 and its 200 day simple moving average is $35.73. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $38.24.

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.