IFG Advisory LLC Acquires 29,612 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

IFG Advisory LLC grew its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 11.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 279,345 shares of the company’s stock after acquiring an additional 29,612 shares during the quarter. IFG Advisory LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $11,696,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Arlington Financial Advisors LLC purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth about $33,571,000. Bank of America Corp DE lifted 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 purchasing an additional 641,952 shares in the last quarter. Aspiriant LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth about $22,404,000. Cabot Wealth Management Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth about $16,406,000. Finally, Moller Wealth Partners acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth about $15,590,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.2%

Shares of NYSEARCA:FNDE traded up $0.09 during trading on Friday, reaching $40.34. The stock had a trading volume of 1,102,620 shares, compared to its average volume of 1,342,147. The stock has a market cap of $10.01 billion, a P/E ratio of 10.54 and a beta of 0.59. The business has a fifty day moving average price of $41.86 and a 200-day moving average price of $40.59. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $34.99 and a fifty-two week high of $43.18.

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.