RHS Financial LLC Grows Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

RHS Financial LLC lifted its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 9.9% in the fourth quarter, HoldingsChannel reports. The fund owned 242,978 shares of the company’s stock after purchasing an additional 21,807 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up 4.3% of RHS Financial LLC’s holdings, making the stock its largest holding. RHS Financial LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $8,762,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. AE Wealth Management LLC increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 14.6% during the third quarter. AE Wealth Management LLC now owns 2,336 shares of the company’s stock valued at $84,000 after acquiring an additional 298 shares during the period. OneDigital Investment Advisors LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 4.3% in the third quarter. OneDigital Investment Advisors LLC now owns 7,566 shares of the company’s stock worth $274,000 after purchasing an additional 309 shares during the period. Focus Financial Network Inc. lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 1.4% in the third quarter. Focus Financial Network Inc. now owns 24,258 shares of the company’s stock worth $877,000 after purchasing an additional 344 shares during the period. Abound Wealth Management boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 15.7% during the 4th quarter. Abound Wealth Management now owns 2,580 shares of the company’s stock valued at $93,000 after purchasing an additional 350 shares in the last quarter. Finally, Aptus Capital Advisors LLC boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 8.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 5,490 shares of the company’s stock valued at $199,000 after purchasing an additional 426 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE stock opened at $38.14 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a 1 year low of $26.43 and a 1 year high of $40.92. The business’s fifty day moving average is $38.87 and its 200-day moving average is $37.38. The stock has a market cap of $8.70 billion, a PE 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.