Schwab Fundamental Emerging Markets Equity ETF $FNDE Holdings Lifted by Morningstar Investment Management LLC

Morningstar Investment Management LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 18.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 561,672 shares of the company’s stock after buying an additional 86,605 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 1.6% of Morningstar Investment Management LLC’s holdings, making the stock its 14th biggest position. Morningstar Investment Management LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $18,541,000 at the end of the most recent quarter.

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

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA FNDE opened at $35.70 on Tuesday. The business’s 50-day moving average price is $35.16 and its two-hundred day moving average price is $32.90. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $26.43 and a one year high of $36.53. The company has a market capitalization of $7.74 billion, a P/E ratio of 10.04 and a beta of 0.75.

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.