Sax Wealth Advisors LLC Grows Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Sax Wealth Advisors LLC boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 30.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 247,389 shares of the company’s stock after acquiring an additional 57,490 shares during the period. Sax Wealth Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $8,946,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of FNDE. PFS Partners LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at about $39,000. First Horizon Advisors Inc. increased its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 1,154.1% in the second quarter. First Horizon Advisors Inc. now owns 1,229 shares of the company’s stock worth $41,000 after purchasing an additional 1,131 shares during the last quarter. Pflug Koory LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter worth about $41,000. Pin Oak Investment Advisors Inc. bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at approximately $42,000. Finally, Hoey Investments Inc. bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the second quarter valued at approximately $47,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

NYSEARCA:FNDE opened at $36.16 on Wednesday. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $37.83. The stock’s 50 day simple moving average is $36.64 and its two-hundred day simple moving average is $35.26. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62.

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.