WealthCare Investment Partners LLC Raises Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

WealthCare Investment Partners LLC lifted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 20.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 82,688 shares of the company’s stock after acquiring an additional 14,144 shares during the period. Schwab Fundamental Emerging Markets Equity ETF accounts for about 0.9% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 27th largest holding. WealthCare Investment Partners LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $3,045,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDE. Abbington Investment Group acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at $5,345,000. Embree Financial Group boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 258.4% in the 3rd quarter. Embree Financial Group now owns 69,060 shares of the company’s stock worth $2,497,000 after buying an additional 49,790 shares during the last quarter. Tandem Financial LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter valued at about $8,444,000. Cowa LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 11.0% in the 3rd quarter. Cowa LLC now owns 307,229 shares of the company’s stock valued at $11,109,000 after buying an additional 30,350 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 60.8% during the 2nd quarter. Cetera Investment Advisers now owns 183,487 shares of the company’s stock valued at $6,057,000 after acquiring an additional 69,397 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE stock opened at $36.70 on Friday. The firm has a market cap of $8.37 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 $40.92. The firm’s 50-day simple moving average is $38.90 and its 200-day simple moving average is $37.22.

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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.