Millstone Evans Group LLC Acquires 17,629 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Millstone Evans Group LLC raised its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 533.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,932 shares of the company’s stock after purchasing an additional 17,629 shares during the period. Millstone Evans Group LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $801,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of FNDE. Traub Capital Management LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 1.4% in the 1st quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock worth $706,000 after buying an additional 260 shares during the period. Index Fund Advisors Inc. raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 1.6% during the 4th quarter. Index Fund Advisors Inc. now owns 17,777 shares of the company’s stock valued at $641,000 after acquiring an additional 275 shares during the period. Coastwise Capital Group LLC lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.2% during the fourth quarter. Coastwise Capital Group LLC now owns 9,055 shares of the company’s stock worth $327,000 after acquiring an additional 281 shares in the last quarter. Savvy Advisors Inc. lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.7% during the fourth quarter. Savvy Advisors Inc. now owns 11,691 shares of the company’s stock worth $422,000 after acquiring an additional 305 shares in the last quarter. Finally, Abound Wealth Management boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 15.7% in the fourth quarter. Abound Wealth Management now owns 2,580 shares of the company’s stock worth $93,000 after acquiring an additional 350 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA FNDE opened at $40.17 on Friday. The stock has a market cap of $9.38 billion, a PE ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $33.10 and a fifty-two week high of $42.43. The stock has a fifty day moving average of $40.60 and a 200-day moving average of $39.28.

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.