Birchwood Financial Partners Inc. Makes New $2.73 Million Investment in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Birchwood Financial Partners Inc. purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 75,746 shares of the company’s stock, valued at approximately $2,731,000. Schwab Fundamental Emerging Markets Equity ETF makes up approximately 2.7% of Birchwood Financial Partners Inc.’s holdings, making the stock its 9th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock worth $4,433,914,000 after acquiring an additional 1,100,486 shares in the last quarter. Morgan Stanley raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the 4th quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock valued at $147,096,000 after purchasing an additional 1,281,067 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 6.4% in the 3rd quarter. Bank of America Corp DE now owns 2,358,679 shares of the company’s stock valued at $85,290,000 after purchasing an additional 141,075 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.6% in the 4th quarter. Bogart Wealth LLC now owns 1,854,014 shares of the company’s stock worth $66,856,000 after purchasing an additional 80,741 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock worth $43,070,000 after purchasing an additional 1,187,646 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA FNDE opened at $40.94 on Friday. The company has a market cap of $9.54 billion, a PE ratio of 10.04 and a beta of 0.55. The firm’s 50 day moving average price is $40.70 and its 200-day moving average price is $38.90. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $32.10 and a 52-week high of $42.43.

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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.