Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. cut its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 1.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,264,195 shares of the company’s stock after selling 14,587 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises about 2.4% of Foster & Motley Inc.’s investment portfolio, making the stock its 6th biggest holding. Foster & Motley Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $45,587,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Revolve Wealth Partners LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at approximately $321,000. Royal Bank of Canada boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.6% in the 1st quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock worth $4,855,000 after buying an additional 886 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 252.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 4,281 shares of the company’s stock valued at $141,000 after acquiring an additional 3,066 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 77.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 393,717 shares of the company’s stock valued at $12,997,000 after acquiring an additional 171,217 shares during the last quarter. Finally, Beacon Pointe Advisors LLC increased its holdings in Schwab Fundamental Emerging Markets Equity ETF by 11.2% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 42,680 shares of the company’s stock valued at $1,409,000 after acquiring an additional 4,299 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE opened at $37.25 on Tuesday. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $40.92. The firm has a 50 day simple moving average of $38.86 and a 200-day simple moving average of $37.36. The stock has a market cap of $8.50 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62.

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.