Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Newly Acquired by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 391,834 shares of the company’s stock, valued at approximately $16,406,000. Schwab Fundamental Emerging Markets Equity ETF makes up about 1.5% of Cabot Wealth Management Inc.’s portfolio, making the stock its 22nd biggest position. Cabot Wealth Management Inc. owned approximately 0.16% of Schwab Fundamental Emerging Markets Equity ETF as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Lido Advisors LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $1,049,000. Keybank National Association OH purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth approximately $6,928,000. D Orazio & Associates Inc. purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth approximately $311,000. Guardian Financial Partners LLC increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 8.8% during the 3rd quarter. Guardian Financial Partners LLC now owns 40,120 shares of the company’s stock worth $1,680,000 after purchasing an additional 3,259 shares in the last quarter. Finally, Burton Enright Welch purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth approximately $240,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.69 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $34.99 and a 1 year high of $43.18. The company has a market capitalization of $10.10 billion, a P/E ratio of 10.54 and a beta of 0.60. The business has a 50 day moving average price of $41.96 and a 200 day moving average price of $40.58.

Schwab Fundamental Emerging Markets Equity ETF Company 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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.