Rockefeller Capital Management L.P. Invests $683,000 in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Rockefeller Capital Management L.P. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 20,678 shares of the company’s stock, valued at approximately $683,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Johnson Bixby & Associates LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 5.1% during the second quarter. Johnson Bixby & Associates LLC now owns 419,921 shares of the company’s stock worth $13,862,000 after buying an additional 20,351 shares during the period. Farther Finance Advisors LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 12,178 shares of the company’s stock valued at $402,000 after acquiring an additional 1,243 shares during the period. Truist Financial Corp purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter worth $211,000. Cetera Investment Advisers lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 60.8% during the 2nd quarter. Cetera Investment Advisers now owns 183,487 shares of the company’s stock worth $6,057,000 after acquiring an additional 69,397 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth about $1,091,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE stock opened at $36.93 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $26.43 and a fifty-two week high of $37.83. The firm has a market capitalization of $8.00 billion, a PE ratio of 10.04 and a beta of 0.62. The stock’s 50-day simple moving average is $36.52 and its 200-day simple moving average is $34.52.

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.