12,186 Shares in Schwab Fundamental Emerging Markets Equity ETF $FNDE Bought by Western Wealth Management LLC

Western Wealth Management LLC bought a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,186 shares of the company’s stock, valued at approximately $466,000.

Several other institutional investors also recently added to or reduced their stakes in FNDE. Morgan Stanley grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the fourth quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock worth $147,096,000 after acquiring an additional 1,281,067 shares during the last quarter. Wells Fargo & Company MN raised its stake in Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock valued at $43,070,000 after purchasing an additional 1,187,646 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock valued at $4,433,914,000 after purchasing an additional 1,100,486 shares during the period. Bank of America Corp DE boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 29.8% in the 1st quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock valued at $107,101,000 after purchasing an additional 641,952 shares during the period. Finally, Financial Consulate Inc. acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth $15,921,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA:FNDE opened at $41.33 on Tuesday. The firm’s 50-day moving average is $40.52 and its 200-day moving average is $39.76. The company has a market cap of $9.73 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $33.41 and a 52-week high of $42.43.

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.