Charles Schwab Trust Co lessened its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) by 44.0% during the third quarter, Holdings Channel reports. The fund owned 229,546 shares of the company’s stock after selling 180,062 shares during the quarter. Charles Schwab Trust Co’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $9,611,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. Mather Group LLC. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at approximately $114,000. Johnson Bixby & Associates LLC boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.0% during the third quarter. Johnson Bixby & Associates LLC now owns 614,918 shares of the company’s stock worth $25,747,000 after buying an additional 17,909 shares during the period. Essex LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 3.5% in the 3rd quarter. Essex LLC now owns 170,698 shares of the company’s stock worth $7,147,000 after buying an additional 5,786 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter worth approximately $113,000. Finally, Wealth Forward LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 6.2% in the 3rd quarter. Wealth Forward LLC now owns 189,393 shares of the company’s stock worth $7,930,000 after buying an additional 10,973 shares in the last quarter.
Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.2%
FNDE traded down $0.07 during trading hours on Thursday, hitting $42.65. The company’s stock had a trading volume of 978,921 shares, compared to its average volume of 1,238,410. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $34.99 and a fifty-two week high of $43.18. The firm has a market capitalization of $10.46 billion, a PE ratio of 10.04 and a beta of 0.56. The company has a 50-day simple moving average of $42.18 and a 200 day simple moving average of $40.98.
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.
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