Gibson Capital LLC Reduces Stock Position in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Gibson Capital LLC lowered its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 29.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 25,823 shares of the company’s stock after selling 10,916 shares during the period. Schwab Fundamental Emerging Markets Equity ETF comprises 0.2% of Gibson Capital LLC’s portfolio, making the stock its 28th biggest holding. Gibson Capital LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pflug Koory LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter worth $41,000. Operose Advisors LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 2,125.0% in the first quarter. Operose Advisors LLC now owns 1,424 shares of the company’s stock worth $44,000 after buying an additional 1,360 shares in the last quarter. Hoey Investments Inc. purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the second quarter worth $47,000. Fairway Wealth LLC purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF in the first quarter worth $50,000. Finally, MCF Advisors LLC raised its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 28.1% in the first quarter. MCF Advisors LLC now owns 1,703 shares of the company’s stock worth $52,000 after buying an additional 374 shares in the last quarter.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of FNDE stock opened at $34.78 on Friday. Schwab Fundamental Emerging Markets Equity ETF has a 52-week low of $26.43 and a 52-week high of $36.53. The company has a market capitalization of $7.54 billion, a PE ratio of 10.04 and a beta of 0.75. The business’s fifty day moving average is $35.11 and its 200 day moving average is $32.85.

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.