Schwab Emerging Markets Equity ETF $SCHE Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lessened its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,464,084 shares of the company’s stock after selling 36,175 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Schwab Emerging Markets Equity ETF were worth $113,449,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC acquired a new position in Schwab Emerging Markets Equity ETF in the 4th quarter valued at about $28,000. Financial Consulate Inc. increased its position in Schwab Emerging Markets Equity ETF by 222.7% in the 4th quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after acquiring an additional 599 shares during the period. Oak Harbor Wealth Partners LLC increased its position in Schwab Emerging Markets Equity ETF by 2,042.2% in the 4th quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock valued at $32,000 after acquiring an additional 919 shares during the period. Frazier Financial Advisors LLC increased its position in Schwab Emerging Markets Equity ETF by 4,460.7% during the 4th quarter. Frazier Financial Advisors LLC now owns 1,277 shares of the company’s stock worth $42,000 after purchasing an additional 1,249 shares during the period. Finally, Headlands Technologies LLC acquired a new position in Schwab Emerging Markets Equity ETF during the 2nd quarter worth approximately $43,000.

Schwab Emerging Markets Equity ETF Trading Down 0.2%

NYSEARCA SCHE opened at $36.34 on Friday. The business’s 50 day moving average is $34.87 and its two-hundred day moving average is $34.22. Schwab Emerging Markets Equity ETF has a 12-month low of $28.48 and a 12-month high of $37.06. The stock has a market capitalization of $12.68 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58.

Schwab Emerging Markets Equity ETF Company 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.