Sequoia Financial Advisors LLC Boosts Stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE)

Sequoia Financial Advisors LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 23.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,103 shares of the company’s stock after purchasing an additional 3,845 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $619,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of FNDE. Revolve Wealth Partners LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth approximately $321,000. Bank of New York Mellon Corp purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter worth approximately $639,000. US Bancorp DE increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 18.0% during the 4th quarter. US Bancorp DE now owns 8,201 shares of the company’s stock worth $238,000 after purchasing an additional 1,251 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 5,268.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,181 shares of the company’s stock worth $34,000 after purchasing an additional 1,159 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 73.4% during the 4th quarter. Jones Financial Companies Lllp now owns 16,307 shares of the company’s stock worth $474,000 after purchasing an additional 6,905 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Up 0.4%

Shares of FNDE stock opened at $33.13 on Wednesday. The company has a 50 day moving average of $31.79 and a 200-day moving average of $30.49. Schwab Fundamental Emerging Markets Equity ETF has a 12-month low of $26.43 and a 12-month high of $34.00. The firm has a market cap of $7.07 billion, a P/E ratio of 10.04 and a beta of 0.61.

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.