Boyd Wealth Management LLC Sells 222,427 Shares of Schwab Emerging Markets Equity ETF $SCHE

Boyd Wealth Management LLC lessened its holdings in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 47.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 243,162 shares of the company’s stock after selling 222,427 shares during the quarter. Schwab Emerging Markets Equity ETF comprises approximately 3.1% of Boyd Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Boyd Wealth Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $8,863,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHE. Mather Group LLC. acquired a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth $78,226,000. Charles Schwab Trust Co lifted its stake in shares of Schwab Emerging Markets Equity ETF by 138.7% in the 2nd quarter. Charles Schwab Trust Co now owns 1,651,919 shares of the company’s stock valued at $59,899,000 after purchasing an additional 959,875 shares in the last quarter. Waverly Advisors LLC lifted its stake in shares of Schwab Emerging Markets Equity ETF by 105.8% in the 1st quarter. Waverly Advisors LLC now owns 1,042,983 shares of the company’s stock valued at $34,366,000 after purchasing an additional 536,116 shares in the last quarter. Boltwood Capital Management purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth about $9,819,000. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth about $7,215,000.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE opened at $35.67 on Tuesday. Schwab Emerging Markets Equity ETF has a 1 year low of $31.75 and a 1 year high of $37.64. The firm has a 50 day moving average price of $36.82 and a 200 day moving average price of $36.15. The company has a market cap of $12.58 billion, a PE ratio of 15.58 and a beta of 0.59.

Schwab Emerging Markets Equity ETF Profile

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.