Schwab Fundamental Emerging Markets Equity ETF $FNDE Shares Sold by Kelman Lazarov Inc.

Kelman Lazarov Inc. reduced its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 2.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 594,759 shares of the company’s stock after selling 13,003 shares during the quarter. Schwab Fundamental Emerging Markets Equity ETF makes up about 3.3% of Kelman Lazarov Inc.’s investment portfolio, making the stock its 13th biggest holding. Kelman Lazarov Inc. owned approximately 0.26% of Schwab Fundamental Emerging Markets Equity ETF worth $22,755,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Delta Asset Management LLC TN acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF in the 4th quarter worth approximately $25,000. Phillips Financial Management LLC bought a new position in 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 Schwab Fundamental Emerging Markets Equity ETF during the fourth quarter worth $29,000. NBC Securities Inc. acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the fourth quarter worth $32,000. Finally, Russell Investments Group Ltd. increased its stake in Schwab Fundamental Emerging Markets Equity ETF by 217.1% during the third quarter. Russell Investments Group Ltd. now owns 1,040 shares of the company’s stock valued at $38,000 after purchasing an additional 712 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

FNDE stock opened at $39.42 on Friday. The firm has a market cap of $9.21 billion, a price-to-earnings ratio of 10.04 and a beta of 0.56. 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 fifty day moving average price of $40.63 and a two-hundred day moving average price of $39.12.

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.