Sax Wealth Advisors LLC Buys 18,287 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Sax Wealth Advisors LLC grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 6.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 288,916 shares of the company’s stock after buying an additional 18,287 shares during the period. Sax Wealth Advisors LLC owned 0.12% of Schwab Fundamental Emerging Markets Equity ETF worth $11,054,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Traub Capital Management LLC grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 1.4% during the first quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock valued at $706,000 after acquiring an additional 260 shares in the last quarter. Index Fund Advisors Inc. boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 1.6% in the 4th quarter. Index Fund Advisors Inc. now owns 17,777 shares of the company’s stock valued at $641,000 after purchasing an additional 275 shares during the period. Coastwise Capital Group LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 3.2% in the 4th quarter. Coastwise Capital Group LLC now owns 9,055 shares of the company’s stock valued at $327,000 after purchasing an additional 281 shares during the period. Allen Capital Group LLC grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.4% during the 1st quarter. Allen Capital Group LLC now owns 95,989 shares of the company’s stock valued at $3,673,000 after purchasing an additional 348 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.2% in the fourth quarter. Allworth Financial LP now owns 9,261 shares of the company’s stock worth $334,000 after purchasing an additional 372 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE stock opened at $41.67 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $33.89 and a 52-week high of $42.43. The company has a market capitalization of $9.81 billion, a PE ratio of 10.04 and a beta of 0.56. The business’s fifty day moving average is $40.56 and its 200 day moving average is $39.85.

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.