Whalen Wealth Management Inc. Buys New Shares in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Whalen Wealth Management Inc. acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 27,843 shares of the company’s stock, valued at approximately $1,166,000.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 29.8% in the first quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock worth $107,101,000 after acquiring an additional 641,952 shares during the period. Bleakley Financial Group LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 559.4% in the first quarter. Bleakley Financial Group LLC now owns 439,715 shares of the company’s stock valued at $16,823,000 after purchasing an additional 373,027 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at $12,974,000. Kozak & Associates Inc. grew its position in Schwab Fundamental Emerging Markets Equity ETF by 63,629.3% during the 2nd quarter. Kozak & Associates Inc. now owns 209,032 shares of the company’s stock worth $8,236,000 after purchasing an additional 208,704 shares during the period. Finally, January Capital Advisors LLC grew its position in Schwab Fundamental Emerging Markets Equity ETF by 778.5% during the 2nd quarter. January Capital Advisors LLC now owns 212,219 shares of the company’s stock worth $8,421,000 after purchasing an additional 188,063 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.6%

Shares of NYSEARCA FNDE traded down $0.26 during trading on Thursday, reaching $42.21. 610,730 shares of the company traded hands, compared to its average volume of 1,218,907. The stock has a market cap of $10.35 billion, a P/E ratio of 10.04 and a beta of 0.56. The firm’s fifty day simple moving average is $42.04 and its 200 day simple moving average is $40.79. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $34.69 and a 12-month high of $43.18.

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.