Pinnacle Wealth Management LLC Lowers Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Pinnacle Wealth Management LLC trimmed its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 10.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,155 shares of the company’s stock after selling 796 shares during the period. Pinnacle Wealth Management LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $236,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Foster & Motley Inc. raised its position in Schwab Fundamental Emerging Markets Equity ETF by 0.5% in the first quarter. Foster & Motley Inc. now owns 1,340,142 shares of the company’s stock worth $41,276,000 after acquiring an additional 7,125 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Schwab Fundamental Emerging Markets Equity ETF by 19.6% in the first quarter. Envestnet Asset Management Inc. now owns 1,222,881 shares of the company’s stock worth $37,665,000 after acquiring an additional 200,768 shares in the last quarter. National Bank of Canada FI raised its position in Schwab Fundamental Emerging Markets Equity ETF by 38.6% in the first quarter. National Bank of Canada FI now owns 900,255 shares of the company’s stock worth $27,723,000 after acquiring an additional 250,554 shares in the last quarter. Callan Capital LLC raised its position in Schwab Fundamental Emerging Markets Equity ETF by 11.4% in the first quarter. Callan Capital LLC now owns 625,251 shares of the company’s stock worth $19,258,000 after acquiring an additional 64,186 shares in the last quarter. Finally, Kelman Lazarov Inc. raised its position in Schwab Fundamental Emerging Markets Equity ETF by 2.4% in the second quarter. Kelman Lazarov Inc. now owns 603,420 shares of the company’s stock worth $19,919,000 after acquiring an additional 14,390 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA:FNDE opened at $36.16 on Friday. The stock has a fifty day moving average price of $35.32 and a two-hundred day moving average price of $33.02. The stock has a market capitalization of $7.84 billion, a price-to-earnings ratio of 10.04 and a beta of 0.75. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $36.53.

Schwab Fundamental Emerging Markets Equity ETF Company 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.