Golden State Wealth Management LLC Boosts Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Golden State Wealth Management LLC boosted its position in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 65.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,544 shares of the company’s stock after buying an additional 16,044 shares during the period. Golden State Wealth Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,118,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHE. HighTower Advisors LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 7.2% during the 4th quarter. HighTower Advisors LLC now owns 8,367,065 shares of the company’s stock worth $222,815,000 after acquiring an additional 559,276 shares in the last quarter. SageView Advisory Group LLC increased its position in Schwab Emerging Markets Equity ETF by 22.3% in the fourth quarter. SageView Advisory Group LLC now owns 3,477,774 shares of the company’s stock worth $92,613,000 after purchasing an additional 634,282 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Schwab Emerging Markets Equity ETF by 1.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,343,233 shares of the company’s stock valued at $62,400,000 after purchasing an additional 28,661 shares in the last quarter. Rebalance LLC raised its stake in Schwab Emerging Markets Equity ETF by 0.4% during the first quarter. Rebalance LLC now owns 2,122,048 shares of the company’s stock valued at $58,505,000 after purchasing an additional 8,151 shares in the last quarter. Finally, Orgel Wealth Management LLC lifted its position in Schwab Emerging Markets Equity ETF by 4.5% during the first quarter. Orgel Wealth Management LLC now owns 1,869,724 shares of the company’s stock valued at $51,548,000 after purchasing an additional 79,855 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Up 0.0%

Shares of NYSEARCA:SCHE opened at $29.94 on Thursday. The firm has a fifty day simple moving average of $28.71 and a two-hundred day simple moving average of $27.69. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $30.25. The stock has a market capitalization of $10.20 billion, a P/E ratio of 14.97 and a beta of 0.54.

About Schwab Emerging Markets Equity ETF

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.