Concurrent Investment Advisors LLC Buys 22,964 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Concurrent Investment Advisors LLC grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 6.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 390,468 shares of the company’s stock after acquiring an additional 22,964 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.17% of Schwab Fundamental Emerging Markets Equity ETF worth $15,494,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FNDE. Delta Asset Management LLC TN acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $25,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth approximately $29,000. Russell Investments Group Ltd. lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after purchasing an additional 712 shares in the last quarter. Allied Private Wealth LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth $38,000. Finally, Hazlett Burt & Watson Inc. raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 213.0% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,155 shares of the company’s stock valued at $42,000 after buying an additional 786 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

FNDE opened at $43.08 on Friday. The firm has a market capitalization of $10.15 billion, a price-to-earnings ratio of 10.04 and a beta of 0.55. The company’s 50 day simple moving average is $41.01 and its two-hundred day simple moving average is $40.24. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $34.51 and a 1-year high of $43.18.

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.