Northland Capital Management LLC Has $3.79 Million Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Northland Capital Management LLC lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 27.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,047 shares of the company’s stock after acquiring an additional 22,535 shares during the period. Schwab Fundamental Emerging Markets Equity ETF makes up approximately 2.1% of Northland Capital Management LLC’s portfolio, making the stock its 17th biggest position. Northland Capital Management LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $3,788,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Revolve Wealth Partners LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at about $321,000. Royal Bank of Canada raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.6% during the first quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock valued at $4,855,000 after purchasing an additional 886 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 252.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 4,281 shares of the company’s stock valued at $141,000 after purchasing an additional 3,066 shares during the period. Beacon Pointe Advisors LLC boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.2% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 42,680 shares of the company’s stock worth $1,409,000 after purchasing an additional 4,299 shares in the last quarter. Finally, Crescent Grove Advisors LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 2nd quarter worth about $206,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of FNDE opened at $38.15 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $26.43 and a one year high of $40.92. The company has a market cap of $8.89 billion, a PE ratio of 10.04 and a beta of 0.62. The stock has a 50-day moving average of $38.85 and a 200-day moving average of $37.40.

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.