Schwab Fundamental Emerging Markets Equity ETF $FNDE is Balanced Wealth Group LLC’s 9th Largest Position

Balanced Wealth Group LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 5.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 308,618 shares of the company’s stock after acquiring an additional 16,070 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF comprises approximately 4.2% of Balanced Wealth Group LLC’s portfolio, making the stock its 9th biggest holding. Balanced Wealth Group LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $11,808,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FNDE. Index Fund Advisors Inc. boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.6% in the fourth quarter. Index Fund Advisors Inc. now owns 17,777 shares of the company’s stock worth $641,000 after acquiring an additional 275 shares during the period. Coastwise Capital Group LLC grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.2% in the fourth quarter. Coastwise Capital Group LLC now owns 9,055 shares of the company’s stock valued at $327,000 after purchasing an additional 281 shares in the last quarter. Savvy Advisors Inc. raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 2.7% during the 4th quarter. Savvy Advisors Inc. now owns 11,691 shares of the company’s stock valued at $422,000 after purchasing an additional 305 shares during the period. OneDigital Investment Advisors LLC raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.3% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,566 shares of the company’s stock valued at $274,000 after purchasing an additional 309 shares during the period. Finally, Abound Wealth Management lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 15.7% during the 4th quarter. Abound Wealth Management now owns 2,580 shares of the company’s stock worth $93,000 after purchasing an additional 350 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.8%

Shares of NYSEARCA FNDE opened at $39.58 on Tuesday. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $32.73 and a 52 week high of $42.43. The business has a 50-day simple moving average of $40.71 and a two-hundred day simple moving average of $39.05. The company has a market cap of $9.23 billion, a P/E ratio of 10.04 and a beta of 0.55.

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.