Northwestern Mutual Wealth Management Co. Grows Position in Schwab Emerging Markets Equity ETF $SCHE

Northwestern Mutual Wealth Management Co. boosted its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 86.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,693,479 shares of the company’s stock after acquiring an additional 1,715,694 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.08% of Schwab Emerging Markets Equity ETF worth $111,321,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 32.7% during the fourth quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock valued at $1,209,000 after purchasing an additional 11,195 shares in the last quarter. Natixis Advisors LLC boosted its stake in Schwab Emerging Markets Equity ETF by 25.2% during the first quarter. Natixis Advisors LLC now owns 33,984 shares of the company’s stock valued at $937,000 after buying an additional 6,851 shares during the last quarter. Lyell Wealth Management LP grew its holdings in Schwab Emerging Markets Equity ETF by 8.9% during the 1st quarter. Lyell Wealth Management LP now owns 28,580 shares of the company’s stock valued at $788,000 after buying an additional 2,330 shares in the last quarter. Harbour Investments Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 10.5% during the 1st quarter. Harbour Investments Inc. now owns 9,050 shares of the company’s stock valued at $250,000 after buying an additional 857 shares in the last quarter. Finally, US Bancorp DE increased its stake in Schwab Emerging Markets Equity ETF by 311.1% in the 1st quarter. US Bancorp DE now owns 3,653,803 shares of the company’s stock worth $100,735,000 after acquiring an additional 2,765,078 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE opened at $33.52 on Friday. The stock has a market capitalization of $11.43 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. Schwab Emerging Markets Equity ETF has a 1 year low of $24.11 and a 1 year high of $34.54. The business’s 50 day simple moving average is $33.56 and its 200-day simple moving average is $31.61.

Schwab Emerging Markets Equity ETF 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.