Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 559.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 439,715 shares of the company’s stock after acquiring an additional 373,027 shares during the period. Bleakley Financial Group LLC owned approximately 0.19% of Schwab Fundamental Emerging Markets Equity ETF worth $16,823,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Delta Asset Management LLC TN purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth about $25,000. Phillips Financial Management LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at approximately $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at approximately $29,000. NBC Securities Inc. acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at approximately $32,000. Finally, 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 buying an additional 712 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.0%

FNDE opened at $40.13 on Tuesday. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $33.10 and a 52-week high of $42.43. The company has a 50 day moving average of $40.60 and a two-hundred day moving average of $39.34. The company has a market cap of $9.37 billion, a P/E ratio of 10.04 and a beta of 0.56.

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.