Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Sold by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC cut its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 12.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 556,985 shares of the company’s stock after selling 82,632 shares during the period. Schwab Fundamental Emerging Markets Equity ETF accounts for about 1.1% of Resonant Capital Advisors LLC’s portfolio, making the stock its 26th largest holding. Resonant Capital Advisors LLC owned approximately 0.24% of Schwab Fundamental Emerging Markets Equity ETF worth $21,310,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. BCS Wealth Management increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 206.2% during the 4th quarter. BCS Wealth Management now owns 74,359 shares of the company’s stock worth $2,681,000 after purchasing an additional 50,076 shares during the last quarter. Embree Financial Group lifted its position in Schwab Fundamental Emerging Markets Equity ETF by 93.1% in the fourth quarter. Embree Financial Group now owns 133,367 shares of the company’s stock valued at $4,809,000 after buying an additional 64,307 shares during the last quarter. Caerus Investment Advisors LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the third quarter valued at about $710,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 905.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 29,256 shares of the company’s stock worth $1,055,000 after buying an additional 26,345 shares during the period. Finally, Capital Developers LLC purchased a new position in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth about $4,464,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 1.8%

Shares of FNDE traded down $0.74 during trading on Tuesday, reaching $39.38. 137,025 shares of the company traded hands, compared to its average volume of 1,129,048. The stock has a 50-day simple moving average of $40.63 and a 200-day simple moving average of $39.18. The stock has a market cap of $9.20 billion, a PE ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $33.10 and a twelve month high of $42.43.

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.