Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. lowered its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 1.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,241,800 shares of the company’s stock after selling 22,395 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up 2.5% of Foster & Motley Inc.’s holdings, making the stock its 5th largest position. Foster & Motley Inc. owned about 0.53% of Schwab Fundamental Emerging Markets Equity ETF worth $47,511,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. raised its position in Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock worth $4,433,914,000 after acquiring an additional 1,100,486 shares during the period. Morgan Stanley lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the 4th quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock valued at $147,096,000 after buying an additional 1,281,067 shares in the last quarter. Bank of America Corp DE lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 6.4% in the 3rd quarter. Bank of America Corp DE now owns 2,358,679 shares of the company’s stock valued at $85,290,000 after buying an additional 141,075 shares in the last quarter. Bogart Wealth LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 4.6% in the 4th quarter. Bogart Wealth LLC now owns 1,854,014 shares of the company’s stock worth $66,856,000 after buying an additional 80,741 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock worth $43,070,000 after buying an additional 1,187,646 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.5%

NYSEARCA:FNDE opened at $39.50 on Friday. The stock has a 50 day moving average of $40.75 and a two-hundred day moving average of $39.01. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $32.73 and a 12 month high of $42.43. The firm has a market cap of $9.21 billion, a P/E ratio of 10.04 and a beta of 0.55.

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.