Schwab Fundamental Emerging Markets Equity ETF $FNDE Holdings Cut by Kelman Lazarov Inc.

Kelman Lazarov Inc. reduced its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 2.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 594,759 shares of the company’s stock after selling 13,003 shares during the period. Schwab Fundamental Emerging Markets Equity ETF accounts for about 3.3% of Kelman Lazarov Inc.’s investment portfolio, making the stock its 13th biggest holding. Kelman Lazarov Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $22,755,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Delta Asset Management LLC TN acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth approximately $25,000. Phillips Financial Management LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth approximately $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at approximately $29,000. NBC Securities Inc. acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at approximately $32,000. Finally, Russell Investments Group Ltd. grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after buying an additional 712 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE opened at $39.42 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $33.10 and a 12 month high of $42.43. The stock has a fifty day moving average price of $40.63 and a 200 day moving average price of $39.12. The company has a market cap of $9.21 billion, a P/E ratio of 10.04 and a beta of 0.56.

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.