Aspiriant LLC Acquires 535,076 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Aspiriant LLC acquired a new stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 535,076 shares of the company’s stock, valued at approximately $22,404,000. Schwab Fundamental Emerging Markets Equity ETF accounts for about 0.6% of Aspiriant LLC’s investment portfolio, making the stock its 28th biggest holding.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FNDE. Traub Capital Management LLC lifted its position in 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 buying an additional 260 shares in the last quarter. Atomic Invest LLC increased its position in Schwab Fundamental Emerging Markets Equity ETF by 101.9% in the 2nd quarter. Atomic Invest LLC now owns 624 shares of the company’s stock valued at $25,000 after acquiring an additional 315 shares in the last quarter. Allen Capital Group LLC increased its position in Schwab Fundamental Emerging Markets Equity ETF by 0.4% in the 1st quarter. Allen Capital Group LLC now owns 95,989 shares of the company’s stock valued at $3,673,000 after acquiring an additional 348 shares in the last quarter. Firestone Capital Management increased its position in Schwab Fundamental Emerging Markets Equity ETF by 3.0% in the 2nd quarter. Firestone Capital Management now owns 22,548 shares of the company’s stock valued at $895,000 after acquiring an additional 655 shares in the last quarter. Finally, Silver Oak Securities Incorporated raised its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.7% in the first quarter. Silver Oak Securities Incorporated now owns 104,841 shares of the company’s stock worth $4,011,000 after acquiring an additional 700 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 0.6%

Shares of NYSEARCA FNDE opened at $42.44 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $34.99 and a 1-year high of $43.18. The company has a 50-day moving average of $42.22 and a two-hundred day moving average of $41.02. The company has a market cap of $10.40 billion, a PE 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.