Johnson Bixby & Associates LLC Purchases 39,120 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Johnson Bixby & Associates LLC grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 7.3% in the first quarter, HoldingsChannel reports. The fund owned 573,053 shares of the company’s stock after acquiring an additional 39,120 shares during the period. Schwab Fundamental Emerging Markets Equity ETF makes up 2.7% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 12th largest position. Johnson Bixby & Associates LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $21,925,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Revolve Wealth Partners LLC bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at $321,000. Royal Bank of Canada lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 0.6% during 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. Baird Financial Group Inc. lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 17.6% during the 2nd quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock worth $3,012,000 after buying an additional 13,653 shares in the last quarter. Cerity Partners LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 2.3% during the 2nd quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock worth $1,366,000 after buying an additional 930 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 81.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 115,424 shares of the company’s stock worth $3,810,000 after buying an additional 51,787 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA FNDE opened at $40.94 on Monday. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 10.04 and a beta of 0.55. The business has a 50-day moving average of $40.73 and a 200-day moving average of $38.93. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $32.10 and a fifty-two 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.