Nicholas Hoffman & Company LLC. Buys 25,620 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Nicholas Hoffman & Company LLC. raised its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 8.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 345,179 shares of the company’s stock after acquiring an additional 25,620 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up 0.3% of Nicholas Hoffman & Company LLC.’s holdings, making the stock its 21st biggest position. Nicholas Hoffman & Company LLC. owned approximately 0.15% of Schwab Fundamental Emerging Markets Equity ETF worth $13,207,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Traub Capital Management LLC lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 1.4% in the first quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock valued at $706,000 after purchasing an additional 260 shares during the last quarter. Index Fund Advisors Inc. increased its position in Schwab Fundamental Emerging Markets Equity ETF by 1.6% in the fourth quarter. Index Fund Advisors Inc. now owns 17,777 shares of the company’s stock worth $641,000 after buying an additional 275 shares during the last quarter. Coastwise Capital Group LLC raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.2% in the fourth quarter. Coastwise Capital Group LLC now owns 9,055 shares of the company’s stock valued at $327,000 after buying an additional 281 shares during the period. Savvy Advisors Inc. lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.7% during the 4th quarter. Savvy Advisors Inc. now owns 11,691 shares of the company’s stock valued at $422,000 after buying an additional 305 shares during the last quarter. Finally, Abound Wealth Management lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 15.7% during the 4th quarter. Abound Wealth Management now owns 2,580 shares of the company’s stock valued at $93,000 after buying an additional 350 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE opened at $39.42 on Wednesday. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $33.10 and a fifty-two week high of $42.43. The business has a 50-day moving average of $40.61 and a 200 day moving average of $39.22. The firm has a market cap of $9.21 billion, a P/E ratio of 10.04 and a beta of 0.56.

Schwab Fundamental Emerging Markets Equity ETF 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.