Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Acquired by Prairiewood Capital LLC

Prairiewood Capital LLC increased its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 3.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 379,024 shares of the company’s stock after acquiring an additional 13,544 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises 4.0% of Prairiewood Capital LLC’s investment portfolio, making the stock its 8th biggest position. Prairiewood Capital LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $15,870,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 29.8% during the 1st quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock worth $107,101,000 after buying an additional 641,952 shares in the last quarter. Morningstar Investment Management LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 3.3% in the first quarter. Morningstar Investment Management LLC now owns 723,788 shares of the company’s stock valued at $27,692,000 after acquiring an additional 22,898 shares during the last quarter. Johnson Bixby & Associates LLC boosted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 3.0% in the third quarter. Johnson Bixby & Associates LLC now owns 614,918 shares of the company’s stock valued at $25,747,000 after acquiring an additional 17,909 shares during the last quarter. Aspiriant LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF in the third quarter worth about $22,404,000. Finally, Bleakley Financial Group LLC increased its position in Schwab Fundamental Emerging Markets Equity ETF by 559.4% in the first quarter. Bleakley Financial Group LLC now owns 439,715 shares of the company’s stock worth $16,823,000 after purchasing an additional 373,027 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA:FNDE traded down $0.25 on Friday, hitting $42.44. 2,837,349 shares of the stock were exchanged, compared to its average volume of 1,255,697. The stock has a market capitalization of $10.40 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a 52 week low of $34.99 and a 52 week high of $43.18. The company’s 50-day moving average price is $42.22 and its 200 day moving average price is $41.02.

About Schwab Fundamental Emerging Markets Equity ETF

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.