Wealthfront Advisers LLC Acquires 7,819 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Wealthfront Advisers LLC boosted its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 68.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,312 shares of the company’s stock after purchasing an additional 7,819 shares during the quarter. Wealthfront Advisers LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Bogart Wealth LLC grew its position in Schwab Fundamental Emerging Markets Equity ETF by 1.2% in the second quarter. Bogart Wealth LLC now owns 1,780,920 shares of the company’s stock worth $58,788,000 after acquiring an additional 21,334 shares in the last quarter. Foster & Motley Inc. boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 0.5% during the first quarter. Foster & Motley Inc. now owns 1,340,142 shares of the company’s stock valued at $41,276,000 after buying an additional 7,125 shares during the period. Envestnet Asset Management Inc. boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 19.6% during the first quarter. Envestnet Asset Management Inc. now owns 1,222,881 shares of the company’s stock valued at $37,665,000 after buying an additional 200,768 shares during the period. National Bank of Canada FI boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 38.6% during the first quarter. National Bank of Canada FI now owns 900,255 shares of the company’s stock worth $27,723,000 after purchasing an additional 250,554 shares during the period. Finally, Callan Capital LLC lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.4% in the 1st quarter. Callan Capital LLC now owns 625,251 shares of the company’s stock worth $19,258,000 after purchasing an additional 64,186 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE opened at $36.92 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $26.43 and a one year high of $37.59. The company has a 50-day simple moving average of $35.82 and a two-hundred day simple moving average of $33.62. The firm has a market capitalization of $8.00 billion, a PE ratio of 10.04 and a beta of 0.62.

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.