Cambridge Investment Research Advisors Inc. Increases Stock Position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE)

Cambridge Investment Research Advisors Inc. boosted its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 5.8% in the first quarter, Holdings Channel.com reports. The fund owned 387,870 shares of the company’s stock after buying an additional 21,116 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $11,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Revolve Wealth Partners LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at about $321,000. Bank of New York Mellon Corp purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at about $639,000. Keeler Thomas Management LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 16.3% in the fourth quarter. Keeler Thomas Management LLC now owns 226,593 shares of the company’s stock valued at $6,586,000 after buying an additional 31,840 shares during the last quarter. MorganRosel Wealth Management LLC raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.6% in the fourth quarter. MorganRosel Wealth Management LLC now owns 16,648 shares of the company’s stock valued at $484,000 after buying an additional 1,734 shares during the last quarter. Finally, Magnolia Private Wealth LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter valued at about $1,242,000.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:FNDE opened at $33.01 on Wednesday. The company has a 50-day simple moving average of $31.40 and a 200-day simple moving average of $30.42. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $26.43 and a one year high of $34.00. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 9.94 and a beta of 0.60.

Schwab Fundamental Emerging Markets Equity ETF 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.