Rainey & Randall Investment Management Inc. Acquires Shares of 315,218 Schwab Emerging Markets Equity ETF (SCHE)

Rainey & Randall Investment Management Inc. purchased a new position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 315,218 shares of the company’s stock, valued at approximately $8,807,000. Schwab Emerging Markets Equity ETF accounts for about 7.6% of Rainey & Randall Investment Management Inc.’s investment portfolio, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Schneider Downs Wealth Management Advisors LP grew its holdings in Schwab Emerging Markets Equity ETF by 8.9% in the fourth quarter. Schneider Downs Wealth Management Advisors LP now owns 20,796 shares of the company’s stock worth $581,000 after purchasing an additional 1,694 shares during the last quarter. Pure Financial Advisors Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 8.4% in the fourth quarter. Pure Financial Advisors Inc. now owns 23,373 shares of the company’s stock worth $653,000 after purchasing an additional 1,807 shares during the last quarter. Wealthfront Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 16.8% in the fourth quarter. Wealthfront Inc. now owns 12,653 shares of the company’s stock worth $354,000 after purchasing an additional 1,816 shares during the last quarter. Newman Dignan & Sheerar Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 15.7% in the fourth quarter. Newman Dignan & Sheerar Inc. now owns 13,831 shares of the company’s stock worth $386,000 after purchasing an additional 1,875 shares during the last quarter. Finally, Ifrah Financial Services Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 0.7% in the fourth quarter. Ifrah Financial Services Inc. now owns 267,120 shares of the company’s stock worth $7,463,000 after purchasing an additional 1,963 shares during the last quarter.

Schwab Emerging Markets Equity ETF (NYSEARCA SCHE) opened at $29.31 on Thursday. Schwab Emerging Markets Equity ETF has a 1-year low of $22.93 and a 1-year high of $31.08.

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Schwab Emerging Markets Equity ETF Company Profile

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.

Want to see what other hedge funds are holding SCHE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE).

Institutional Ownership by Quarter for Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

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