Schwab Fundamental Emerging Markets Equity ETF $FNDE Stock Position Raised by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 17,012.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 353,192 shares of the company’s stock after acquiring an additional 351,128 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for 2.2% of Cornerstone Planning Group LLC’s portfolio, making the stock its 13th largest holding. Cornerstone Planning Group LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $14,085,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of FNDE. Revolve Wealth Partners LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth $321,000. Royal Bank of Canada boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 0.6% during the first quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock valued at $4,855,000 after purchasing an additional 886 shares during the last quarter. Baird Financial Group Inc. boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 17.6% during the second quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock valued at $3,012,000 after purchasing an additional 13,653 shares during the last quarter. Cerity Partners LLC boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 2.3% during the second quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock valued at $1,366,000 after purchasing an additional 930 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 81.4% during the second quarter. Qube Research & Technologies Ltd now owns 115,424 shares of the company’s stock valued at $3,810,000 after buying an additional 51,787 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

NYSEARCA FNDE opened at $40.66 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $30.58 and a fifty-two week high of $40.97. The stock’s 50-day moving average is $39.05 and its two-hundred day moving average is $37.92. The firm has a market cap of $9.48 billion, a P/E ratio of 10.04 and a beta of 0.56.

About Schwab Fundamental Emerging Markets Equity ETF

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.