359,798 Shares in Schwab Fundamental Emerging Markets Equity ETF $FNDE Purchased by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 359,798 shares of the company’s stock, valued at approximately $12,974,000. Schwab Fundamental Emerging Markets Equity ETF makes up 3.4% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Delta Asset Management LLC TN bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at $25,000. Phillips Financial Management LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at about $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth approximately $29,000. NBC Securities Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth approximately $32,000. Finally, Russell Investments Group Ltd. lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after buying an additional 712 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

FNDE opened at $41.00 on Friday. The company has a fifty day moving average price of $40.47 and a two-hundred day moving average price of $38.77. The firm has a market capitalization of $9.56 billion, a PE ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $32.10 and a 52 week high of $42.43.

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.