Sculati Wealth Management LLC Sells 13,390 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Sculati Wealth Management LLC trimmed its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 18.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 58,763 shares of the company’s stock after selling 13,390 shares during the quarter. Sculati Wealth Management LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $2,119,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Phillips Financial Management LLC bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth approximately $27,000. Cullen Frost Bankers Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth approximately $29,000. NBC Securities Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth approximately $32,000. Russell Investments Group Ltd. increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after purchasing an additional 712 shares in the last quarter. Finally, Triumph Capital Management bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth approximately $46,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 2.3%

Shares of FNDE opened at $40.19 on Friday. The stock has a market capitalization of $9.37 billion, a P/E ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $31.25 and a twelve month high of $41.78. The company has a 50 day moving average of $39.28 and a 200-day moving average of $38.25.

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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.