Western Wealth Management LLC Acquires New Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Western Wealth Management LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,186 shares of the company’s stock, valued at approximately $466,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Developers LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth $4,464,000. Droms Strauss Advisors Inc. MO ADV acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $12,974,000. Farther Finance Advisors LLC grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 121.8% in the fourth quarter. Farther Finance Advisors LLC now owns 28,592 shares of the company’s stock valued at $1,031,000 after purchasing an additional 15,704 shares during the period. Diversify Wealth Management LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at $952,000. Finally, Elgethun Capital Management increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 9.6% in the fourth quarter. Elgethun Capital Management now owns 536,745 shares of the company’s stock valued at $19,355,000 after purchasing an additional 47,007 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.1%

Schwab Fundamental Emerging Markets Equity ETF stock opened at $41.28 on Friday. The stock has a fifty day moving average price of $40.56 and a 200 day moving average price of $39.97. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $34.07 and a 52 week high of $42.43. The firm has a market capitalization of $9.72 billion, a P/E 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.