Johnson Bixby & Associates LLC Purchases 17,909 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Johnson Bixby & Associates LLC boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 3.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 614,918 shares of the company’s stock after acquiring an additional 17,909 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 2.8% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 12th biggest position. Johnson Bixby & Associates LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $25,747,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FNDE. Essex LLC increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.5% in the 3rd quarter. Essex LLC now owns 170,698 shares of the company’s stock valued at $7,147,000 after acquiring an additional 5,786 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at approximately $113,000. Wealth Forward LLC boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 6.2% during the third quarter. Wealth Forward LLC now owns 189,393 shares of the company’s stock valued at $7,930,000 after acquiring an additional 10,973 shares during the last quarter. Focus Financial Network Inc. lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.0% during the 3rd quarter. Focus Financial Network Inc. now owns 31,888 shares of the company’s stock worth $1,335,000 after purchasing an additional 1,236 shares during the period. Finally, Fragasso Financial Advisors Inc acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter worth approximately $1,109,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 0.7%

NYSEARCA FNDE opened at $42.72 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $34.99 and a fifty-two week high of $43.18. The business has a 50 day moving average price of $42.18 and a two-hundred day moving average price of $40.98. The stock has a market cap of $10.47 billion, a PE 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.