Concurrent Investment Advisors LLC Increases Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Concurrent Investment Advisors LLC lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 142,948 shares of the company’s stock after purchasing an additional 4,001 shares during the period. Concurrent Investment Advisors LLC owned about 0.07% of Schwab Fundamental Emerging Markets Equity ETF worth $4,719,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pflug Koory LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter valued at about $41,000. Hoey Investments Inc. acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter worth about $47,000. Operose Advisors LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 2,125.0% in the 1st quarter. Operose Advisors LLC now owns 1,424 shares of the company’s stock worth $44,000 after buying an additional 1,360 shares during the last quarter. Fairway Wealth LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 1st quarter worth about $50,000. Finally, MCF Advisors LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 28.1% in the 1st quarter. MCF Advisors LLC now owns 1,703 shares of the company’s stock worth $52,000 after buying an additional 374 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 3.4%

FNDE stock opened at $34.78 on Monday. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $26.43 and a 12-month high of $36.53. The stock has a market cap of $7.54 billion, a price-to-earnings ratio of 10.04 and a beta of 0.75. The business’s 50-day moving average is $35.11 and its 200 day moving average is $32.86.

About Schwab Fundamental Emerging Markets Equity ETF

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.