LFA Lugano Financial Advisors SA Has $12.80 Million Stake in Schwab Fundamental Emerging Markets Equity ETF $FNDE

LFA Lugano Financial Advisors SA increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 57.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 334,560 shares of the company’s stock after purchasing an additional 121,403 shares during the period. Schwab Fundamental Emerging Markets Equity ETF makes up 6.5% of LFA Lugano Financial Advisors SA’s investment portfolio, making the stock its 4th largest holding. LFA Lugano Financial Advisors SA owned 0.14% of Schwab Fundamental Emerging Markets Equity ETF worth $12,800,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Delta Asset Management LLC TN purchased a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at $25,000. Phillips Financial Management LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth $29,000. NBC Securities Inc. bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth $32,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock worth $38,000 after acquiring an additional 712 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.44 on Wednesday. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $33.10 and a one year high of $42.43. The stock has a fifty day moving average of $40.59 and a 200 day moving average of $39.37. The stock has a market cap of $9.45 billion, a PE ratio of 10.04 and a beta of 0.56.

Schwab Fundamental Emerging Markets Equity ETF 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.