Harbour Investments Inc. Increases Stock Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Harbour Investments Inc. increased its stake in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 21.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,070 shares of the company’s stock after purchasing an additional 1,228 shares during the period. Harbour Investments Inc.’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $233,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Foster & Motley Inc. increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.5% in the first quarter. Foster & Motley Inc. now owns 1,340,142 shares of the company’s stock worth $41,276,000 after purchasing an additional 7,125 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 19.6% in the first quarter. Envestnet Asset Management Inc. now owns 1,222,881 shares of the company’s stock worth $37,665,000 after purchasing an additional 200,768 shares during the last quarter. National Bank of Canada FI increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 38.6% in the first quarter. National Bank of Canada FI now owns 900,255 shares of the company’s stock worth $27,723,000 after purchasing an additional 250,554 shares during the last quarter. Callan Capital LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 11.4% in the first quarter. Callan Capital LLC now owns 625,251 shares of the company’s stock worth $19,258,000 after purchasing an additional 64,186 shares during the last quarter. Finally, Almanack Investment Partners LLC. increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 34.8% in the second quarter. Almanack Investment Partners LLC. now owns 597,544 shares of the company’s stock worth $19,725,000 after purchasing an additional 154,218 shares during the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Trading Down 1.0%

FNDE stock opened at $36.25 on Wednesday. The company’s 50 day moving average is $35.41 and its 200 day moving average is $33.12. The stock has a market cap of $7.86 billion, a price-to-earnings ratio of 10.04 and a beta of 0.75. Schwab Fundamental Emerging Markets Equity ETF has a 1-year low of $26.43 and a 1-year high of $36.65.

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.