Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Bought by Elgethun Capital Management

Elgethun Capital Management raised its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 9.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 489,738 shares of the company’s stock after acquiring an additional 43,211 shares during the period. Schwab Fundamental Emerging Markets Equity ETF accounts for 3.2% of Elgethun Capital Management’s portfolio, making the stock its 7th biggest position. Elgethun Capital Management’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $17,797,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. UBS Group AG grew its position in Schwab Fundamental Emerging Markets Equity ETF by 3.7% in the 3rd quarter. UBS Group AG now owns 552,255 shares of the company’s stock valued at $19,970,000 after buying an additional 19,894 shares during the last quarter. Russell Investments Group Ltd. raised its position in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after buying an additional 712 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 28.8% in the 3rd quarter. Private Advisor Group LLC now owns 24,851 shares of the company’s stock worth $899,000 after acquiring an additional 5,550 shares during the period. Certified Advisory Corp acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter worth $205,000. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 8.4% in the third quarter. Aptus Capital Advisors LLC now owns 5,490 shares of the company’s stock valued at $199,000 after acquiring an additional 426 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.7%

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $37.92 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $26.43 and a 52-week high of $40.92. The company’s 50-day simple moving average is $38.80 and its 200-day simple moving average is $37.08. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62.

Schwab Fundamental Emerging Markets Equity ETF 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.