Sanctuary Advisors LLC reduced its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) by 33.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 181,814 shares of the company’s stock after selling 89,516 shares during the period. Sanctuary Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $6,956,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Morgan Stanley boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the fourth quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock worth $147,096,000 after purchasing an additional 1,281,067 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock worth $43,070,000 after purchasing an additional 1,187,646 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock worth $4,433,914,000 after purchasing an additional 1,100,486 shares during the period. Financial Consulate Inc. acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $15,921,000. Finally, Bleakley Financial Group LLC lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 559.4% in the 1st quarter. Bleakley Financial Group LLC now owns 439,715 shares of the company’s stock worth $16,823,000 after buying an additional 373,027 shares during the last quarter.
Schwab Fundamental Emerging Markets Equity ETF Stock Performance
NYSEARCA FNDE opened at $40.12 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $33.10 and a one year high of $42.43. The company has a 50-day simple moving average of $40.52 and a 200-day simple moving average of $39.44. The firm has a market capitalization of $9.37 billion, a PE ratio of 10.04 and a beta of 0.56.
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.
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