Schwab Fundamental Emerging Markets Equity ETF $FNDE Stock Holdings Cut by Cowa LLC

Cowa LLC reduced its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 12.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 296,744 shares of the company’s stock after selling 41,068 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises 3.0% of Cowa LLC’s portfolio, making the stock its 10th biggest holding. Cowa LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $12,425,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FNDE. Chicago Partners Investment Group LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at approximately $292,000. Provenance Wealth Advisors LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the third quarter worth approximately $27,000. Integrity Alliance LLC. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at approximately $367,000. Garde Capital Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at approximately $216,000. Finally, Certified Advisory Corp grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 5.5% in the third quarter. Certified Advisory Corp now owns 22,108 shares of the company’s stock worth $926,000 after acquiring an additional 1,157 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Up 1.4%

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.83 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $34.99 and a 1 year high of $43.18. The company’s fifty day simple moving average is $42.13 and its 200-day simple moving average is $40.52. The company has a market cap of $10.02 billion, a price-to-earnings ratio of 10.04 and a beta of 0.59.

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.