Concurrent Investment Advisors LLC Boosts Stock Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Concurrent Investment Advisors LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 6.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 390,468 shares of the company’s stock after acquiring an additional 22,964 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $15,494,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Droms Strauss Advisors Inc. MO ADV acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth $12,974,000. Diversify Wealth Management LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth approximately $952,000. IFC & Insurance Marketing Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 27,264.0% during the 1st quarter. IFC & Insurance Marketing Inc. now owns 20,523 shares of the company’s stock worth $785,000 after buying an additional 20,448 shares in the last quarter. Elgethun Capital Management grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 9.6% during the fourth quarter. Elgethun Capital Management now owns 536,745 shares of the company’s stock worth $19,355,000 after acquiring an additional 47,007 shares during the period. Finally, Etesian Wealth Advisors Inc. boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 21.9% during the fourth quarter. Etesian Wealth Advisors Inc. now owns 131,928 shares of the company’s stock worth $4,757,000 after buying an additional 23,695 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

NYSEARCA FNDE opened at $43.08 on Friday. The business has a 50 day moving average price of $41.01 and a 200 day moving average price of $40.24. The company has a market capitalization of $10.15 billion, a P/E ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $34.51 and a 1-year high of $43.18.

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.