Fifth Third Bancorp Purchases 34,929 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Fifth Third Bancorp raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 912.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,755 shares of the company’s stock after buying an additional 34,929 shares during the period. Fifth Third Bancorp’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $1,483,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Traub Capital Management LLC lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.4% during the first quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock worth $706,000 after purchasing an additional 260 shares in the last quarter. Index Fund Advisors Inc. grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.6% during the fourth quarter. Index Fund Advisors Inc. now owns 17,777 shares of the company’s stock valued at $641,000 after purchasing an additional 275 shares during the last quarter. Coastwise Capital Group LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.2% in the fourth quarter. Coastwise Capital Group LLC now owns 9,055 shares of the company’s stock valued at $327,000 after purchasing an additional 281 shares in the last quarter. Savvy Advisors Inc. increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.7% in the fourth quarter. Savvy Advisors Inc. now owns 11,691 shares of the company’s stock valued at $422,000 after purchasing an additional 305 shares in the last quarter. Finally, Tempus Wealth Planning LLC raised its position in Schwab Fundamental Emerging Markets Equity ETF by 2.4% in the 4th quarter. Tempus Wealth Planning LLC now owns 15,513 shares of the company’s stock worth $559,000 after purchasing an additional 364 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA:FNDE opened at $40.62 on Friday. The company has a market cap of $9.54 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56. The stock’s fifty day moving average price is $40.47 and its two-hundred day moving average price is $39.59. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $33.10 and a 52-week high of $42.43.

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.