Sax Wealth Advisors LLC Purchases 50,335 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Sax Wealth Advisors LLC boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 36.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 189,899 shares of the company’s stock after purchasing an additional 50,335 shares during the period. Sax Wealth Advisors LLC owned about 0.09% of Schwab Fundamental Emerging Markets Equity ETF worth $6,269,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Foster & Motley Inc. grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 0.5% during the 1st quarter. Foster & Motley Inc. now owns 1,340,142 shares of the company’s stock valued at $41,276,000 after purchasing an additional 7,125 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 19.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,222,881 shares of the company’s stock valued at $37,665,000 after buying an additional 200,768 shares during the period. National Bank of Canada FI boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 38.6% in the 1st quarter. National Bank of Canada FI now owns 900,255 shares of the company’s stock valued at $27,723,000 after buying an additional 250,554 shares during the period. Callan Capital LLC boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 11.4% in the 1st quarter. Callan Capital LLC now owns 625,251 shares of the company’s stock valued at $19,258,000 after buying an additional 64,186 shares during the period. Finally, Kelman Lazarov Inc. boosted its position in Schwab Fundamental Emerging Markets Equity ETF by 3.3% in the 1st quarter. Kelman Lazarov Inc. now owns 589,030 shares of the company’s stock valued at $18,142,000 after buying an additional 19,030 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $36.10 on Wednesday. The stock has a market cap of $7.82 billion, a price-to-earnings ratio of 10.04 and a beta of 0.75. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $36.53. The firm has a 50-day moving average of $34.98 and a two-hundred day moving average of $32.76.

Schwab Fundamental Emerging Markets Equity ETF 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.