Abbington Investment Group Purchases 17,205 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Abbington Investment Group boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 11.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 165,014 shares of the company’s stock after acquiring an additional 17,205 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises about 4.1% of Abbington Investment Group’s investment portfolio, making the stock its 8th biggest holding. Abbington Investment Group owned 0.07% of Schwab Fundamental Emerging Markets Equity ETF worth $5,950,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Revolve Wealth Partners LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $321,000. Royal Bank of Canada raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 0.6% during the 1st quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock worth $4,855,000 after buying an additional 886 shares during the period. Baird Financial Group Inc. lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 17.6% during the second quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock valued at $3,012,000 after buying an additional 13,653 shares in the last quarter. Cerity Partners LLC lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 2.3% during the second quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock valued at $1,366,000 after buying an additional 930 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 81.4% in the second quarter. Qube Research & Technologies Ltd now owns 115,424 shares of the company’s stock worth $3,810,000 after buying an additional 51,787 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.44 on Wednesday. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $28.79 and a fifty-two week high of $40.92. The firm’s 50 day simple moving average is $38.86 and its 200-day simple moving average is $37.58. The company has a market cap of $9.43 billion, a P/E ratio of 10.04 and a beta of 0.55.

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.