Integrated Wealth Concepts LLC Purchases Shares of 128,998 Schwab Fundamental Emerging Markets Equity ETF $FNDE

Integrated Wealth Concepts LLC bought a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 2nd quarter, HoldingsChannel reports. The firm bought 128,998 shares of the company’s stock, valued at approximately $5,119,000.

Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 122,959,346 shares of the company’s stock valued at $4,433,914,000 after acquiring an additional 1,100,486 shares during the last quarter. Morgan Stanley grew its holdings in shares of Schwab Fundamental Emerging Markets Equity ETF by 45.8% in the 4th quarter. Morgan Stanley now owns 4,079,189 shares of the company’s stock worth $147,096,000 after acquiring an additional 1,281,067 shares during the last quarter. Bank of America Corp DE raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 29.8% during the first quarter. Bank of America Corp DE now owns 2,799,303 shares of the company’s stock worth $107,101,000 after purchasing an additional 641,952 shares during the period. Wells Fargo & Company MN raised 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 during the period. Finally, Osaic Holdings Inc. raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 27.9% during the fourth quarter. Osaic Holdings Inc. now owns 1,086,047 shares of the company’s stock worth $39,167,000 after purchasing an additional 237,007 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Trading Up 0.3%

FNDE stock opened at $42.65 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $34.69 and a one year high of $43.18. The firm has a 50-day moving average of $41.34 and a two-hundred day moving average of $40.34. The firm has a market capitalization of $10.04 billion, a PE ratio of 10.04 and a beta of 0.55.

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.