AlphaCore Capital LLC Boosts Stock Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

AlphaCore Capital LLC raised its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 5.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 614,925 shares of the company’s stock after acquiring an additional 29,288 shares during the period. AlphaCore Capital LLC owned approximately 0.28% of Schwab Fundamental Emerging Markets Equity ETF worth $22,236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. AE Wealth Management LLC increased its holdings 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 worth $84,000 after purchasing an additional 298 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 4.3% during the third quarter. OneDigital Investment Advisors LLC now owns 7,566 shares of the company’s stock valued at $274,000 after buying an additional 309 shares during the last quarter. Bank of Montreal Can grew its holdings in 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 valued at $435,000 after buying an additional 324 shares in the last quarter. Focus Financial Network Inc. increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 1.4% in the 3rd quarter. Focus Financial Network Inc. now owns 24,258 shares of the company’s stock worth $877,000 after acquiring an additional 344 shares during the last quarter. Finally, REDW Wealth LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 6.9% during the 3rd quarter. REDW Wealth LLC now owns 8,576 shares of the company’s stock worth $310,000 after acquiring an additional 557 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

FNDE stock opened at $40.88 on Thursday. The firm has a fifty day moving average price of $38.17 and a 200 day moving average price of $36.76. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $26.43 and a fifty-two week high of $40.92. The firm has a market cap of $9.33 billion, a PE ratio of 10.04 and a beta of 0.62.

Schwab Fundamental Emerging Markets Equity ETF 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.