Almanack Investment Partners LLC. Boosts Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Almanack Investment Partners LLC. raised its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 34.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 597,544 shares of the company’s stock after buying an additional 154,218 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 3.1% of Almanack Investment Partners LLC.’s holdings, making the stock its 9th biggest holding. Almanack Investment Partners LLC.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $19,725,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 7.1% in the first quarter. OneDigital Investment Advisors LLC now owns 7,692 shares of the company’s stock valued at $237,000 after buying an additional 510 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 12.4% during the first quarter. Janney Montgomery Scott LLC now owns 78,226 shares of the company’s stock valued at $2,409,000 after purchasing an additional 8,616 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the first quarter valued at about $495,000. Park Avenue Securities LLC raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 21.7% during the first quarter. Park Avenue Securities LLC now owns 12,962 shares of the company’s stock valued at $399,000 after purchasing an additional 2,307 shares in the last quarter. Finally, Johnson Bixby & Associates LLC raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 5.1% during the second quarter. Johnson Bixby & Associates LLC now owns 419,921 shares of the company’s stock valued at $13,862,000 after purchasing an additional 20,351 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 3.4%

Shares of NYSEARCA FNDE opened at $34.78 on Monday. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $26.43 and a fifty-two week high of $36.53. The firm’s 50-day simple moving average is $35.11 and its 200 day simple moving average is $32.86. The stock has a market cap of $7.54 billion, a P/E ratio of 10.04 and a beta of 0.75.

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.