Schwab Fundamental Emerging Markets Equity ETF $FNDE Stake Trimmed by Foster & Motley Inc.

Foster & Motley Inc. lessened its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 1.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,241,800 shares of the company’s stock after selling 22,395 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up about 2.5% of Foster & Motley Inc.’s portfolio, making the stock its 5th biggest holding. Foster & Motley Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $47,511,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Delta Asset Management LLC TN purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth about $25,000. Phillips Financial Management LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth about $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at about $29,000. NBC Securities Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at about $32,000. Finally, Russell Investments Group Ltd. grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after acquiring an additional 712 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.5%

FNDE stock opened at $39.50 on Friday. The firm has a 50-day moving average of $40.75 and a two-hundred day moving average of $39.01. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $32.73 and a 12 month high of $42.43. The company has a market cap of $9.21 billion, a price-to-earnings ratio of 10.04 and a beta of 0.55.

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.