Traub Capital Management LLC Takes $566,000 Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Traub Capital Management LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 17,155 shares of the company’s stock, valued at approximately $566,000.

Other hedge funds have also bought and sold shares of the company. Revolve Wealth Partners LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth approximately $321,000. Bank of New York Mellon Corp raised its stake in Schwab Fundamental Emerging Markets Equity ETF by 2.3% during the first quarter. Bank of New York Mellon Corp now owns 22,492 shares of the company’s stock valued at $693,000 after buying an additional 512 shares during the last quarter. Cerity Partners LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 9.0% in the first quarter. Cerity Partners LLC now owns 40,449 shares of the company’s stock worth $1,246,000 after acquiring an additional 3,341 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 51.6% in the first quarter. Wealthfront Advisers LLC now owns 11,493 shares of the company’s stock worth $354,000 after acquiring an additional 3,910 shares in the last quarter. Finally, Private Advisor Group LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the first quarter valued at $4,080,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $36.84 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 firm’s 50-day moving average is $36.44 and its 200 day moving average is $34.31. The stock has a market cap of $7.98 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.