Cornerstone Planning Group LLC Acquires 63,070 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Cornerstone Planning Group LLC raised its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 17.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 416,262 shares of the company’s stock after acquiring an additional 63,070 shares during the period. Schwab Fundamental Emerging Markets Equity ETF makes up 2.4% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 11th largest position. Cornerstone Planning Group LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $17,042,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of FNDE. Delta Asset Management LLC TN bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at approximately $25,000. Phillips Financial Management LLC bought a new position in 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 bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth approximately $29,000. NBC Securities Inc. purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in 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% 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 in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE stock opened at $40.12 on Friday. The stock has a market capitalization of $9.37 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56. The company’s fifty day simple moving average is $40.52 and its two-hundred day simple moving average is $39.44. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $33.10 and a 1 year 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.