Charles Schwab Trust Co Buys 13,865 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Charles Schwab Trust Co increased its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 400,759 shares of the company’s stock after acquiring an additional 13,865 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises about 0.9% of Charles Schwab Trust Co’s holdings, making the stock its 27th largest holding. Charles Schwab Trust Co owned approximately 0.18% of Schwab Fundamental Emerging Markets Equity ETF worth $14,451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of FNDE. Cullen Frost Bankers Inc. purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter worth approximately $29,000. Mather Group LLC. purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the third quarter valued at approximately $36,000. Russell Investments Group Ltd. grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after purchasing an additional 712 shares during the last quarter. PFS Partners LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter worth approximately $39,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter worth $44,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 2.9%

NYSEARCA:FNDE opened at $36.70 on Monday. The company has a fifty day moving average of $38.90 and a 200 day moving average of $37.26. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $26.43 and a 52 week high of $40.92. The firm has a market capitalization of $8.37 billion, a P/E ratio of 10.04 and a beta of 0.62.

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.