Schwab Fundamental Emerging Markets Equity ETF $FNDE is Tandem Financial LLC’s 5th Largest Position

Tandem Financial LLC raised its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 10.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 281,461 shares of the company’s stock after purchasing an additional 25,662 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 3.8% of Tandem Financial LLC’s portfolio, making the stock its 5th largest holding. Tandem Financial LLC owned about 0.13% of Schwab Fundamental Emerging Markets Equity ETF worth $10,178,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FNDE. REDW Wealth LLC grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 6.9% during the third quarter. REDW Wealth LLC now owns 8,576 shares of the company’s stock worth $310,000 after buying an additional 557 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth $29,000. RMG Wealth Management LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at $96,000. CVA Family Office LLC increased its holdings in Schwab Fundamental Emerging Markets Equity ETF by 14.1% in the 3rd quarter. CVA Family Office LLC now owns 277,880 shares of the company’s stock valued at $10,048,000 after purchasing an additional 34,430 shares in the last quarter. Finally, Shared Vision Wealth Group LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $247,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:FNDE opened at $38.97 on Tuesday. The business’s 50-day simple moving average is $36.80 and its 200 day simple moving average is $35.86. The company has a market cap of $8.85 billion, a P/E ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $26.43 and a one year high of $39.14.

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.