Payne Capital Management LLC Grows Stock Holdings in Schwab Emerging Markets Equity ETF $SCHE

Payne Capital Management LLC lifted its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 8.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 211,782 shares of the company’s stock after purchasing an additional 15,764 shares during the quarter. Schwab Emerging Markets Equity ETF comprises approximately 2.3% of Payne Capital Management LLC’s holdings, making the stock its 16th largest position. Payne Capital Management LLC owned 0.06% of Schwab Emerging Markets Equity ETF worth $7,067,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHE. US Bancorp DE increased its holdings in shares of Schwab Emerging Markets Equity ETF by 89.0% during the third quarter. US Bancorp DE now owns 6,510,778 shares of the company’s stock valued at $217,265,000 after acquiring an additional 3,065,021 shares in the last quarter. Rakuten Investment Management Inc. bought a new position in Schwab Emerging Markets Equity ETF in the 3rd quarter worth about $74,621,000. Northwestern Mutual Wealth Management Co. boosted its stake in Schwab Emerging Markets Equity ETF by 86.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock worth $111,321,000 after purchasing an additional 1,715,694 shares in the last quarter. Corient Private Wealth LLC grew its position in Schwab Emerging Markets Equity ETF by 176.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after purchasing an additional 1,679,145 shares during the last quarter. Finally, Thrivent Financial for Lutherans bought a new stake in Schwab Emerging Markets Equity ETF during the 3rd quarter valued at about $15,165,000.

Schwab Emerging Markets Equity ETF Stock Performance

NYSEARCA:SCHE opened at $32.97 on Thursday. The firm has a market cap of $11.54 billion, a P/E ratio of 15.58 and a beta of 0.54. Schwab Emerging Markets Equity ETF has a fifty-two week low of $24.11 and a fifty-two week high of $36.00. The firm has a 50-day simple moving average of $34.50 and a two-hundred day simple moving average of $33.64.

About Schwab Emerging Markets Equity ETF

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.