Schwab Fundamental Emerging Markets Equity ETF $FNDE is LFA Lugano Financial Advisors SA’s 4th Largest Position

LFA Lugano Financial Advisors SA grew its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 57.0% during the 1st quarter, Holdings Channel reports. The fund owned 334,560 shares of the company’s stock after buying an additional 121,403 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises 6.5% of LFA Lugano Financial Advisors SA’s portfolio, making the stock its 4th biggest holding. LFA Lugano Financial Advisors SA’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $12,800,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Traub Capital Management LLC grew its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.4% during the 1st quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock valued at $706,000 after acquiring an additional 260 shares during the period. Index Fund Advisors Inc. raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 1.6% in the 4th quarter. Index Fund Advisors Inc. now owns 17,777 shares of the company’s stock worth $641,000 after purchasing an additional 275 shares during the period. Coastwise Capital Group LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 3.2% during 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. lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 2.7% during the fourth quarter. Savvy Advisors Inc. now owns 11,691 shares of the company’s stock valued at $422,000 after purchasing an additional 305 shares in the last quarter. Finally, Abound Wealth Management grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 15.7% during the fourth quarter. Abound Wealth Management now owns 2,580 shares of the company’s stock valued at $93,000 after purchasing an additional 350 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA:FNDE opened at $40.44 on Wednesday. The stock has a 50-day simple moving average of $40.59 and a two-hundred day simple moving average of $39.37. The firm has a market capitalization of $9.45 billion, a PE ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $33.10 and a 52-week high of $42.43.

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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.