28,772 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE Purchased by Bangor Savings Bank

Bangor Savings Bank purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 28,772 shares of the company’s stock, valued at approximately $1,205,000.

Several other hedge funds also recently modified their holdings of the stock. Droms Strauss Advisors Inc. MO ADV bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $12,974,000. Quantinno Capital Management LP raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 25.5% in the first quarter. Quantinno Capital Management LP now owns 77,032 shares of the company’s stock valued at $2,947,000 after purchasing an additional 15,670 shares during the period. Prairiewood Capital LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 4.9% during the 1st quarter. Prairiewood Capital LLC now owns 353,734 shares of the company’s stock worth $13,534,000 after buying an additional 16,503 shares during the last quarter. IFC & Insurance Marketing Inc. lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 27,264.0% during the 1st quarter. IFC & Insurance Marketing Inc. now owns 20,523 shares of the company’s stock worth $785,000 after buying an additional 20,448 shares during the last quarter. Finally, Clarity Retirement & Wealth LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth about $918,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

FNDE traded down $0.06 on Tuesday, reaching $42.88. The company had a trading volume of 1,692,152 shares, compared to its average volume of 1,218,267. The stock has a market cap of $10.51 billion, a P/E ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $34.69 and a fifty-two week high of $43.18. The company’s fifty day moving average is $41.94 and its 200 day moving average is $40.72.

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.