Prairiewood Capital LLC Increases Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Prairiewood Capital LLC boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 4.9% in the first quarter, HoldingsChannel reports. The firm owned 353,734 shares of the company’s stock after purchasing an additional 16,503 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up approximately 3.9% of Prairiewood Capital LLC’s holdings, making the stock its 9th largest holding. Prairiewood Capital LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $13,534,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BCS Wealth Management grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 206.2% during the fourth quarter. BCS Wealth Management now owns 74,359 shares of the company’s stock worth $2,681,000 after acquiring an additional 50,076 shares during the last quarter. Embree Financial Group boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 93.1% during the 4th quarter. Embree Financial Group now owns 133,367 shares of the company’s stock valued at $4,809,000 after purchasing an additional 64,307 shares during the period. Caerus Investment Advisors LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at about $710,000. Cowa LLC grew its position in Schwab Fundamental Emerging Markets Equity ETF by 11.0% in the 3rd quarter. Cowa LLC now owns 307,229 shares of the company’s stock worth $11,109,000 after purchasing an additional 30,350 shares during the last quarter. Finally, Brand Asset Management Group Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at approximately $1,026,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

FNDE opened at $40.94 on Friday. The business’s 50 day moving average is $40.73 and its 200-day moving average is $38.92. The stock has a market cap of $9.54 billion, a PE ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $32.10 and a twelve month high of $42.43.

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.