Unison Advisors LLC cut its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Free Report) by 3.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 940,701 shares of the company’s stock after selling 31,146 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up approximately 2.8% of Unison Advisors LLC’s holdings, making the stock its 8th biggest holding. Unison Advisors LLC owned about 0.38% of Schwab Fundamental Emerging Markets Equity ETF worth $39,387,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of FNDE. Bank of America Corp DE grew its stake in Schwab Fundamental Emerging Markets Equity ETF by 29.8% in the first quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock worth $107,101,000 after purchasing an additional 641,952 shares in the last quarter. Arlington Financial Advisors LLC bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at $33,571,000. Morningstar Investment Management LLC lifted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.3% in the 1st quarter. Morningstar Investment Management LLC now owns 723,788 shares of the company’s stock worth $27,692,000 after buying an additional 22,898 shares during the period. Johnson Bixby & Associates LLC lifted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 3.0% in the 3rd quarter. Johnson Bixby & Associates LLC now owns 614,918 shares of the company’s stock worth $25,747,000 after buying an additional 17,909 shares during the period. Finally, Aspiriant LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter worth $22,404,000.
Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.9%
FNDE opened at $40.57 on Friday. The company has a market capitalization of $9.96 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $34.99 and a 12-month high of $43.18. The business’s fifty day simple moving average is $42.21 and its 200-day simple moving average is $40.48.
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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