Charles Schwab Trust Co Purchases 30,969 Shares of Schwab Emerging Markets Equity ETF $SCHE

Charles Schwab Trust Co boosted its holdings in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 1.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,682,888 shares of the company’s stock after acquiring an additional 30,969 shares during the quarter. Schwab Emerging Markets Equity ETF accounts for approximately 3.5% of Charles Schwab Trust Co’s portfolio, making the stock its 10th largest position. Charles Schwab Trust Co’s holdings in Schwab Emerging Markets Equity ETF were worth $61,341,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Orgel Wealth Management LLC grew its stake in Schwab Emerging Markets Equity ETF by 3.4% in the 3rd quarter. Orgel Wealth Management LLC now owns 2,274,253 shares of the company’s stock valued at $82,897,000 after buying an additional 75,668 shares during the last quarter. Kellett Wealth Advisors LLC bought a new position in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at about $1,309,000. Mather Group LLC. acquired a new stake in Schwab Emerging Markets Equity ETF during the third quarter worth approximately $78,226,000. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in Schwab Emerging Markets Equity ETF during the third quarter worth approximately $7,215,000. Finally, Tempus Wealth Planning LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 78.9% during the third quarter. Tempus Wealth Planning LLC now owns 47,737 shares of the company’s stock worth $1,740,000 after acquiring an additional 21,052 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

NYSEARCA:SCHE traded down $0.12 during mid-day trading on Thursday, hitting $36.05. 1,299,719 shares of the stock were exchanged, compared to its average volume of 2,814,059. Schwab Emerging Markets Equity ETF has a fifty-two week low of $31.75 and a fifty-two week high of $37.64. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of 15.58 and a beta of 0.59. The firm’s 50-day simple moving average is $36.88 and its 200 day simple moving average is $36.07.

Schwab Emerging Markets Equity ETF Company Profile

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.