Almanack Investment Partners LLC. Increases Stake in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Almanack Investment Partners LLC. increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 34.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 597,544 shares of the company’s stock after purchasing an additional 154,218 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for about 3.1% of Almanack Investment Partners LLC.’s investment portfolio, making the stock its 9th largest holding. Almanack Investment Partners LLC. owned about 0.28% of Schwab Fundamental Emerging Markets Equity ETF worth $19,725,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in FNDE. National Bank of Canada FI lifted its stake in 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 last quarter. Envestnet Asset Management Inc. lifted its stake 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 worth $37,665,000 after purchasing an additional 200,768 shares during the last quarter. Access Financial Services Inc. bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the first quarter worth $4,729,000. Laurel Wealth Planning LLC bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the first quarter worth $4,706,000. Finally, Empowered Funds LLC bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the first quarter worth $4,570,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE opened at $34.78 on Monday. The stock has a market capitalization of $7.54 billion, a PE ratio of 10.04 and a beta of 0.75. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $26.43 and a 12-month high of $36.53. The business’s fifty day moving average price is $35.11 and its 200 day moving average price is $32.86.

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.