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

Cabot Wealth Management Inc. lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 30.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 324,582 shares of the company’s stock after purchasing an additional 76,457 shares during the quarter. Cabot Wealth Management Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $10,714,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. OneDigital Investment Advisors LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 7.1% during the first quarter. OneDigital Investment Advisors LLC now owns 7,692 shares of the company’s stock valued at $237,000 after purchasing an additional 510 shares during the period. Stratos Wealth Partners LTD. acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the first quarter valued at $495,000. Johnson Bixby & Associates LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 5.1% during the second quarter. Johnson Bixby & Associates LLC now owns 419,921 shares of the company’s stock valued at $13,862,000 after purchasing an additional 20,351 shares during the period. Farther Finance Advisors LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 11.4% during the second quarter. Farther Finance Advisors LLC now owns 12,178 shares of the company’s stock valued at $402,000 after purchasing an additional 1,243 shares during the period. Finally, Truist Financial Corp acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at $211,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

NYSEARCA FNDE opened at $36.90 on Friday. The company has a market capitalization of $8.00 billion, a PE ratio of 10.04 and a beta of 0.75. The company has a fifty day moving average of $35.54 and a 200 day moving average of $33.32. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $37.01.

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.