RKL Wealth Management LLC Has $4.54 Million Stock Position in Schwab Emerging Markets Equity ETF $SCHE

RKL Wealth Management LLC reduced its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 10.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 135,922 shares of the company’s stock after selling 15,469 shares during the period. RKL Wealth Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $4,536,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHE. Brandywine Oak Private Wealth LLC raised its stake in Schwab Emerging Markets Equity ETF by 0.3% during the third quarter. Brandywine Oak Private Wealth LLC now owns 110,557 shares of the company’s stock worth $3,689,000 after acquiring an additional 321 shares in the last quarter. Cape Investment Advisory Inc. boosted its stake in shares of Schwab Emerging Markets Equity ETF by 0.3% in the 2nd quarter. Cape Investment Advisory Inc. now owns 118,319 shares of the company’s stock valued at $3,566,000 after purchasing an additional 346 shares in the last quarter. Brown Advisory Inc. grew its holdings in shares of Schwab Emerging Markets Equity ETF by 1.6% during the 2nd quarter. Brown Advisory Inc. now owns 23,038 shares of the company’s stock valued at $694,000 after purchasing an additional 358 shares during the last quarter. Reston Wealth Management LLC increased its position in Schwab Emerging Markets Equity ETF by 2.0% during the 3rd quarter. Reston Wealth Management LLC now owns 20,208 shares of the company’s stock worth $674,000 after purchasing an additional 392 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its position in Schwab Emerging Markets Equity ETF by 2.4% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 17,069 shares of the company’s stock worth $570,000 after purchasing an additional 404 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:SCHE opened at $35.97 on Thursday. Schwab Emerging Markets Equity ETF has a one year low of $24.11 and a one year high of $36.00. The company has a market cap of $12.59 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. The firm has a 50 day simple moving average of $34.23 and a 200 day simple moving average of $33.40.

Schwab Emerging Markets Equity ETF 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.