Fonville Wealth Management LLC Takes Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Fonville Wealth Management LLC bought a new position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 25,146 shares of the company’s stock, valued at approximately $623,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC grew its holdings in Schwab Emerging Markets Equity ETF by 118,261.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 991,333,629 shares of the company’s stock valued at $23,464,867,000 after buying an additional 990,496,084 shares in the last quarter. Charles Schwab Investment Advisory Inc. grew its holdings in shares of Schwab Emerging Markets Equity ETF by 2.0% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 81,068,849 shares of the company’s stock valued at $1,940,788,000 after purchasing an additional 1,616,463 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Schwab Emerging Markets Equity ETF by 9.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,246,704 shares of the company’s stock valued at $269,246,000 after purchasing an additional 1,017,299 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 2,551.5% in the fourth quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock valued at $241,450,000 after purchasing an additional 9,372,497 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in Schwab Emerging Markets Equity ETF by 6.7% in the third quarter. HighTower Advisors LLC now owns 4,941,906 shares of the company’s stock worth $118,251,000 after buying an additional 309,641 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Up 0.3 %

SCHE traded up $0.08 during trading on Thursday, reaching $24.78. The company had a trading volume of 857,085 shares, compared to its average volume of 1,280,362. The stock has a market cap of $8.34 billion, a P/E ratio of 11.72 and a beta of 0.80. The business has a 50 day simple moving average of $25.04 and a 200-day simple moving average of $24.41. Schwab Emerging Markets Equity ETF has a 52 week low of $22.88 and a 52 week high of $26.15.

Schwab Emerging Markets Equity ETF Profile

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.