15,147 Shares in Schwab Fundamental Emerging Markets Equity ETF $FNDE Acquired by Balentine LLC

Balentine LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,147 shares of the company’s stock, valued at approximately $548,000.

Other large investors have also recently added to or reduced their stakes in the company. AE Wealth Management LLC grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 14.6% in the third quarter. AE Wealth Management LLC now owns 2,336 shares of the company’s stock valued at $84,000 after acquiring an additional 298 shares in the last quarter. Bank of Montreal Can grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.5% during the 2nd quarter. Bank of Montreal Can now owns 13,164 shares of the company’s stock worth $435,000 after purchasing an additional 324 shares in the last quarter. Focus Financial Network Inc. increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.4% during the third quarter. Focus Financial Network Inc. now owns 24,258 shares of the company’s stock worth $877,000 after purchasing an additional 344 shares during the period. Drive Wealth Management LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.6% during the second quarter. Drive Wealth Management LLC now owns 65,876 shares of the company’s stock worth $2,175,000 after purchasing an additional 402 shares during the period. Finally, REDW Wealth LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 6.9% in the third quarter. REDW Wealth LLC now owns 8,576 shares of the company’s stock valued at $310,000 after buying an additional 557 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.3%

Shares of FNDE stock opened at $39.65 on Tuesday. The stock has a market cap of $9.05 billion, a P/E ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $40.42. The stock has a 50 day simple moving average of $37.57 and a 200 day simple moving average of $36.46.

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.