Thurston Springer Miller Herd & Titak Inc. Decreases Stake in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Thurston Springer Miller Herd & Titak Inc. lessened its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 92.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,911 shares of the company’s stock after selling 35,635 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $105,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FNDE. AlphaCore Capital LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 26,387.4% during the second quarter. AlphaCore Capital LLC now owns 585,637 shares of the company’s stock worth $19,332,000 after buying an additional 583,426 shares in the last quarter. Tandem Financial LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter valued at approximately $8,444,000. EP Wealth Advisors LLC boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 371.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 306,241 shares of the company’s stock worth $10,109,000 after acquiring an additional 241,281 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 9.8% during the 2nd quarter. Bank of America Corp DE now owns 2,217,604 shares of the company’s stock worth $73,203,000 after acquiring an additional 198,213 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 77.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 393,717 shares of the company’s stock worth $12,997,000 after acquiring an additional 171,217 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

NYSEARCA FNDE opened at $35.03 on Thursday. The business has a 50 day moving average price of $36.64 and a 200 day moving average price of $35.01. The company has a market capitalization of $7.59 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 $37.83.

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.