Assetmark Inc. Has $2.48 Million Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Assetmark Inc. increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 39.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,645 shares of the company’s stock after acquiring an additional 19,431 shares during the period. Assetmark Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $2,475,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth approximately $321,000. Royal Bank of Canada raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.6% in the first quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock valued at $4,855,000 after purchasing an additional 886 shares during the period. Baird Financial Group Inc. raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 17.6% in the second quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock valued at $3,012,000 after purchasing an additional 13,653 shares during the period. Cerity Partners LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.3% in the second quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock worth $1,366,000 after buying an additional 930 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake 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 last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.64 on Tuesday. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $28.84 and a 52 week high of $40.97. The firm has a market capitalization of $9.47 billion, a PE ratio of 10.04 and a beta of 0.55. The business’s 50-day simple moving average is $38.97 and its 200-day simple moving average is $37.71.

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.