Cornerstone Planning Group LLC Buys 63,070 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Cornerstone Planning Group LLC raised its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 17.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 416,262 shares of the company’s stock after acquiring an additional 63,070 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up 2.4% of Cornerstone Planning Group LLC’s holdings, making the stock its 11th biggest position. Cornerstone Planning Group LLC owned approximately 0.18% of Schwab Fundamental Emerging Markets Equity ETF worth $17,042,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Traub Capital Management LLC increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.4% during the 1st quarter. Traub Capital Management LLC now owns 18,457 shares of the company’s stock worth $706,000 after purchasing an additional 260 shares during the last quarter. Index Fund Advisors Inc. raised its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.6% in the 4th quarter. Index Fund Advisors Inc. now owns 17,777 shares of the company’s stock worth $641,000 after purchasing an additional 275 shares during the period. Coastwise Capital Group LLC lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 3.2% in the fourth quarter. Coastwise Capital Group LLC now owns 9,055 shares of the company’s stock valued at $327,000 after purchasing an additional 281 shares during the last quarter. Savvy Advisors Inc. lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 2.7% in the fourth quarter. Savvy Advisors Inc. now owns 11,691 shares of the company’s stock valued at $422,000 after purchasing an additional 305 shares during the last quarter. Finally, Abound Wealth Management grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 15.7% during the fourth quarter. Abound Wealth Management now owns 2,580 shares of the company’s stock valued at $93,000 after purchasing an additional 350 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.6%

Shares of NYSEARCA FNDE opened at $40.12 on Friday. The stock has a fifty day simple moving average of $40.52 and a two-hundred day simple moving average of $39.44. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $33.10 and a 1-year high of $42.43. The firm has a market cap of $9.37 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56.

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. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.