Cabot Wealth Management Inc. Purchases 20,787 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Cabot Wealth Management Inc. increased its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 6.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 345,642 shares of the company’s stock after buying an additional 20,787 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF accounts for approximately 1.4% of Cabot Wealth Management Inc.’s holdings, making the stock its 24th biggest position. Cabot Wealth Management Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $12,464,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Phillips Financial Management LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth $27,000. Cullen Frost Bankers Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at $29,000. NBC Securities Inc. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at $32,000. Mather Group LLC. purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter valued at $36,000. Finally, Russell Investments Group Ltd. raised its position 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 buying an additional 712 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Up 2.0%

NYSEARCA FNDE opened at $41.74 on Thursday. The firm has a market capitalization of $9.73 billion, a P/E ratio of 10.04 and a beta of 0.55. The business has a fifty day simple moving average of $39.10 and a 200 day simple moving average of $38.03. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $30.58 and a 12 month high of $41.78.

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.