Victory Capital Management Inc. Sells 214,383 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Victory Capital Management Inc. trimmed its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 9.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 2,022,130 shares of the company’s stock after selling 214,383 shares during the quarter. Victory Capital Management Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $73,120,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in FNDE. AlphaCore Capital LLC grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 26,387.4% during the second quarter. AlphaCore Capital LLC now owns 585,637 shares of the company’s stock worth $19,332,000 after purchasing an additional 583,426 shares in the last quarter. Tandem Financial LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth approximately $8,444,000. EP Wealth Advisors LLC boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 371.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 306,241 shares of the company’s stock valued at $10,109,000 after acquiring an additional 241,281 shares during the last quarter. LFA Lugano Financial Advisors SA purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at $7,735,000. Finally, Bank of America Corp DE increased its position in Schwab Fundamental Emerging Markets Equity ETF by 9.8% in the second quarter. Bank of America Corp DE now owns 2,217,604 shares of the company’s stock worth $73,203,000 after purchasing an additional 198,213 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.6%

Schwab Fundamental Emerging Markets Equity ETF stock opened at $38.02 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $26.43 and a 52-week high of $40.92. The firm’s fifty day moving average is $38.59 and its 200 day moving average is $36.95. The company has a market cap of $8.68 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62.

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.