Redhawk Wealth Advisors Inc. boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) by 125.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,568 shares of the company’s stock after purchasing an additional 13,658 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $975,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the stock. Morgan Stanley raised 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 valued at $147,096,000 after purchasing an additional 1,281,067 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock worth $43,070,000 after buying an additional 1,187,646 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock worth $4,433,914,000 after buying an additional 1,100,486 shares in the last quarter. Bank of America Corp DE increased 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 buying an additional 641,952 shares during the period. Finally, Bleakley Financial Group LLC increased its holdings in Schwab Fundamental Emerging Markets Equity ETF by 559.4% in the 1st quarter. Bleakley Financial Group LLC now owns 439,715 shares of the company’s stock valued at $16,823,000 after buying an additional 373,027 shares during the period.
Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.0%
NYSEARCA:FNDE opened at $41.36 on Wednesday. The firm has a market capitalization of $9.74 billion, a PE ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $34.07 and a 12-month high of $42.43. The firm has a 50-day moving average price of $40.54 and a 200 day moving average price of $39.92.
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.
Further Reading
- Five stocks we like better than Schwab Fundamental Emerging Markets Equity ETF
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Schwab Fundamental Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
