Balanced Wealth Group LLC Takes Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Balanced Wealth Group LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 292,548 shares of the company’s stock, valued at approximately $10,622,000. Schwab Fundamental Emerging Markets Equity ETF comprises 3.9% of Balanced Wealth Group LLC’s portfolio, making the stock its 10th biggest position. Balanced Wealth Group LLC owned 0.13% of Schwab Fundamental Emerging Markets Equity ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Abbington Investment Group purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at approximately $5,345,000. Embree Financial Group boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 258.4% in the 3rd quarter. Embree Financial Group now owns 69,060 shares of the company’s stock worth $2,497,000 after buying an additional 49,790 shares during the period. Tandem Financial LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter valued at approximately $8,444,000. Cowa LLC grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 11.0% in the 3rd quarter. Cowa LLC now owns 307,229 shares of the company’s stock valued at $11,109,000 after buying an additional 30,350 shares in the last quarter. Finally, Etesian Wealth Advisors Inc. raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 23.9% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 108,233 shares of the company’s stock valued at $3,914,000 after acquiring an additional 20,883 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

NYSEARCA:FNDE opened at $37.23 on Friday. The company has a market cap of $8.50 billion, a P/E ratio of 10.04 and a beta of 0.62. The stock’s fifty day moving average price is $38.88 and its two-hundred day moving average price is $37.30. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $40.92.

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.