Johnson Bixby & Associates LLC Buys 39,120 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Johnson Bixby & Associates LLC lifted its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 7.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 573,053 shares of the company’s stock after acquiring an additional 39,120 shares during the period. Schwab Fundamental Emerging Markets Equity ETF makes up approximately 2.7% of Johnson Bixby & Associates LLC’s holdings, making the stock its 12th biggest holding. Johnson Bixby & Associates LLC owned 0.25% of Schwab Fundamental Emerging Markets Equity ETF worth $21,925,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FNDE. Morgan Stanley increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the fourth quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock valued at $147,096,000 after purchasing an additional 1,281,067 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 17,571.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,194,405 shares of the company’s stock worth $43,070,000 after purchasing an additional 1,187,646 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock worth $4,433,914,000 after purchasing an additional 1,100,486 shares in the last quarter. Financial Consulate Inc. acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at $15,921,000. Finally, Droms Strauss Advisors Inc. MO ADV acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter valued at $12,974,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

FNDE opened at $40.94 on Monday. The stock has a market cap of $9.54 billion, a P/E ratio of 10.04 and a beta of 0.55. Schwab Fundamental Emerging Markets Equity ETF has a 12 month low of $32.10 and a 12 month high of $42.43. The company has a fifty day simple moving average of $40.73 and a 200 day simple moving average of $38.93.

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.