Charles Schwab Investment Management Inc. Sells 1,304,249 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Charles Schwab Investment Management Inc. decreased its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 1.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 120,408,653 shares of the company’s stock after selling 1,304,249 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises about 0.7% of Charles Schwab Investment Management Inc.’s holdings, making the stock its 27th largest holding. Charles Schwab Investment Management Inc. owned about 0.56% of Schwab Fundamental Emerging Markets Equity ETF worth $3,974,690,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Johnson Bixby & Associates LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 5.1% in the second quarter. Johnson Bixby & Associates LLC now owns 419,921 shares of the company’s stock worth $13,862,000 after buying an additional 20,351 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 11.4% in the second quarter. Farther Finance Advisors LLC now owns 12,178 shares of the company’s stock valued at $402,000 after acquiring an additional 1,243 shares during the period. Truist Financial Corp purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter worth approximately $211,000. Y Intercept Hong Kong Ltd bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at approximately $1,091,000. Finally, Park Avenue Securities LLC increased its holdings in Schwab Fundamental Emerging Markets Equity ETF by 30.9% during the second quarter. Park Avenue Securities LLC now owns 16,971 shares of the company’s stock valued at $560,000 after buying an additional 4,009 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $36.34 on Friday. The company’s fifty day simple moving average is $36.49 and its 200-day simple moving average is $34.40. The stock has a market capitalization of $7.87 billion, a PE ratio of 10.04 and a beta of 0.62. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $37.83.

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.