Mission Wealth Management LP Boosts Stock Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Mission Wealth Management LP increased its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 374.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 34,453 shares of the company’s stock after buying an additional 27,186 shares during the period. Mission Wealth Management LP’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $1,246,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Abbington Investment Group bought a new stake in Schwab Fundamental Emerging Markets Equity ETF in the third quarter worth $5,345,000. Embree Financial Group raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 258.4% in the third quarter. Embree Financial Group now owns 69,060 shares of the company’s stock valued at $2,497,000 after acquiring an additional 49,790 shares during the period. Tandem Financial LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter valued at $8,444,000. Truist Financial Corp bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 2nd quarter worth about $211,000. Finally, Cetera Investment Advisers boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 60.8% during the 2nd quarter. Cetera Investment Advisers now owns 183,487 shares of the company’s stock worth $6,057,000 after purchasing an additional 69,397 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.3%

Shares of NYSEARCA:FNDE opened at $38.91 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $26.43 and a 12 month high of $40.28. The company has a market capitalization of $8.88 billion, a price-to-earnings ratio of 10.04 and a beta of 0.62. The firm’s 50-day moving average is $37.17 and its 200 day moving average is $36.13.

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.