LFA Lugano Financial Advisors SA Buys Shares of 213,903 Schwab Fundamental Emerging Markets Equity ETF $FNDE

LFA Lugano Financial Advisors SA purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 213,903 shares of the company’s stock, valued at approximately $7,735,000. Schwab Fundamental Emerging Markets Equity ETF comprises 4.1% of LFA Lugano Financial Advisors SA’s investment portfolio, making the stock its 5th largest holding. LFA Lugano Financial Advisors SA owned about 0.10% of Schwab Fundamental Emerging Markets Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in FNDE. Abbington Investment Group acquired a new position in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth about $5,345,000. Embree Financial Group increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 258.4% in the third quarter. Embree Financial Group now owns 69,060 shares of the company’s stock valued at $2,497,000 after buying an additional 49,790 shares during the period. Tandem Financial LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the second quarter worth about $8,444,000. Truist Financial Corp bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the second quarter worth about $211,000. Finally, Cetera Investment Advisers lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 60.8% in the second quarter. Cetera Investment Advisers now owns 183,487 shares of the company’s stock worth $6,057,000 after acquiring an additional 69,397 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE stock opened at $38.54 on Friday. The stock has a market capitalization of $8.79 billion, a PE ratio of 10.04 and a beta of 0.62. The business’s 50 day simple moving average is $37.20 and its 200 day simple moving average is $36.15. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $26.43 and a one year high of $40.28.

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.