Millstone Evans Group LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) by 533.7% during the first quarter, HoldingsChannel.com reports. The fund owned 20,932 shares of the company’s stock after acquiring an additional 17,629 shares during the period. Millstone Evans Group LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $801,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of FNDE. Delta Asset Management LLC TN bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at $25,000. Phillips Financial Management LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth $29,000. NBC Securities Inc. purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth $32,000. Finally, Russell Investments Group Ltd. raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after buying an additional 712 shares in the last quarter.
Schwab Fundamental Emerging Markets Equity ETF Stock Performance
NYSEARCA:FNDE opened at $40.17 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $33.10 and a 52-week high of $42.43. The stock has a fifty day moving average of $40.60 and a 200 day moving average of $39.28. The firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56.
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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.
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Want to see what other hedge funds are holding FNDE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report).
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