Schwab Fundamental Emerging Markets Equity ETF $FNDE Position Boosted by Principal Securities Inc.

Principal Securities Inc. grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 475,659 shares of the company’s stock after purchasing an additional 38,798 shares during the period. Principal Securities Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $17,152,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Cowa LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.4% during the fourth quarter. Cowa LLC now owns 311,441 shares of the company’s stock worth $11,231,000 after purchasing an additional 4,212 shares during the period. Coastwise Capital Group LLC raised 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 purchasing an additional 281 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 23.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 91,073 shares of the company’s stock worth $3,284,000 after purchasing an additional 17,460 shares during the period. Clarity Retirement & Wealth LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $918,000. Finally, Cerity Partners LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.9% during the fourth quarter. Cerity Partners LLC now owns 42,590 shares of the company’s stock worth $1,536,000 after purchasing an additional 4,522 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 2.4%

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.73 on Friday. The stock’s fifty day moving average is $40.41 and its 200-day moving average is $38.75. The firm has a market capitalization of $9.49 billion, a PE ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $32.10 and a 12-month high of $42.43.

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.