Brighton Jones LLC Makes New $978,000 Investment in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Brighton Jones LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 23,359 shares of the company’s stock, valued at approximately $978,000.

Other hedge funds have also bought and sold shares of the company. Asset Dedication LLC bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the third quarter valued at $7,350,000. Droms Strauss Advisors Inc. MO ADV bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the 3rd quarter worth about $14,474,000. Birchwood Financial Partners Inc. boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 6.1% during the 3rd quarter. Birchwood Financial Partners Inc. now owns 87,562 shares of the company’s stock worth $3,666,000 after purchasing an additional 5,025 shares during the period. Pekin Hardy Strauss Inc. purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter worth about $4,554,000. Finally, Kestra Advisory Services LLC boosted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 7.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 17,049 shares of the company’s stock worth $714,000 after purchasing an additional 1,179 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Schwab Fundamental Emerging Markets Equity ETF stock opened at $40.69 on Thursday. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $34.99 and a 1-year high of $43.18. The firm has a market capitalization of $10.10 billion, a P/E ratio of 10.54 and a beta of 0.60. The company’s 50-day moving average is $41.96 and its 200 day moving average is $40.58.

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.