Schwab Fundamental Emerging Markets Equity ETF $FNDE is Elgethun Capital Management’s 7th Largest Position

Elgethun Capital Management increased its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 9.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 536,745 shares of the company’s stock after acquiring an additional 47,007 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises about 3.3% of Elgethun Capital Management’s holdings, making the stock its 7th biggest holding. Elgethun Capital Management owned 0.24% of Schwab Fundamental Emerging Markets Equity ETF worth $19,355,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Delta Asset Management LLC TN bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at approximately $25,000. Phillips Financial Management LLC bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at approximately $27,000. NBC Securities Inc. bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at approximately $32,000. Russell Investments Group Ltd. lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after purchasing an additional 712 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 213.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,155 shares of the company’s stock valued at $42,000 after purchasing an additional 786 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock opened at $41.67 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $31.91 and a 1 year high of $42.43. The firm has a market cap of $9.71 billion, a PE ratio of 10.04 and a beta of 0.55. The company has a 50 day simple moving average of $40.06 and a two-hundred day simple moving average of $38.60.

About Schwab Fundamental Emerging Markets Equity ETF

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.