Prairiewood Capital LLC Has $13.53 Million Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Prairiewood Capital LLC lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 4.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 353,734 shares of the company’s stock after acquiring an additional 16,503 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises approximately 3.9% of Prairiewood Capital LLC’s holdings, making the stock its 9th largest holding. Prairiewood Capital LLC owned about 0.15% of Schwab Fundamental Emerging Markets Equity ETF worth $13,534,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Delta Asset Management LLC TN bought a new stake in Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter valued at $25,000. Phillips Financial Management LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth about $29,000. NBC Securities Inc. bought a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth about $32,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 217.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after buying an additional 712 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

NYSEARCA FNDE opened at $40.94 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $32.10 and a one year high of $42.43. The company has a 50-day simple moving average of $40.73 and a 200-day simple moving average of $38.92. The firm has a market capitalization of $9.54 billion, a PE ratio of 10.04 and a beta of 0.55.

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.