Diversified Trust Co Lowers Holdings in Schwab Emerging Markets Equity ETF $SCHE

Diversified Trust Co trimmed its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 41.3% in the 1st quarter, HoldingsChannel reports. The firm owned 42,772 shares of the company’s stock after selling 30,153 shares during the quarter. Diversified Trust Co’s holdings in Schwab Emerging Markets Equity ETF were worth $1,409,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 7.1% in the first quarter. Nations Financial Group Inc. IA ADV now owns 134,122 shares of the company’s stock worth $4,419,000 after buying an additional 8,838 shares in the last quarter. Aspen Investment Management Inc boosted its position in shares of Schwab Emerging Markets Equity ETF by 2.3% during the first quarter. Aspen Investment Management Inc now owns 22,497 shares of the company’s stock worth $741,000 after acquiring an additional 499 shares during the last quarter. J. Derek Lewis & Associates Inc. purchased a new position in Schwab Emerging Markets Equity ETF during the fourth quarter valued at $1,080,000. Rockefeller Capital Management L.P. grew its stake in Schwab Emerging Markets Equity ETF by 3.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 25,258 shares of the company’s stock valued at $827,000 after acquiring an additional 915 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC purchased a new position in Schwab Emerging Markets Equity ETF during the fourth quarter valued at $1,665,000.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA SCHE opened at $37.24 on Tuesday. The company has a market cap of $12.99 billion, a P/E ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 52-week low of $28.97 and a 52-week high of $37.40. The firm’s fifty day moving average is $35.98 and its two-hundred day moving average is $34.54.

Schwab Emerging Markets Equity ETF Profile

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.