Concurrent Investment Advisors LLC Boosts Stock Holdings in Schwab Fundamental Emerging Markets Equity ETF $FNDE

Concurrent Investment Advisors LLC lifted its stake in shares of Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 2.9% during the second quarter, Holdings Channel reports. The fund owned 142,948 shares of the company’s stock after acquiring an additional 4,001 shares during the period. Concurrent Investment Advisors LLC’s holdings in Schwab Fundamental Emerging Markets Equity ETF were worth $4,719,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FNDE. National Bank of Canada FI increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 38.6% during the first quarter. National Bank of Canada FI now owns 900,255 shares of the company’s stock worth $27,723,000 after acquiring an additional 250,554 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 19.6% during the first quarter. Envestnet Asset Management Inc. now owns 1,222,881 shares of the company’s stock worth $37,665,000 after acquiring an additional 200,768 shares during the period. Access Financial Services Inc. purchased a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the first quarter worth $4,729,000. Laurel Wealth Planning LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the first quarter worth $4,706,000. Finally, Empowered Funds LLC acquired a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the first quarter worth $4,570,000.

Schwab Fundamental Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA FNDE opened at $34.78 on Monday. The business has a 50-day moving average of $35.11 and a two-hundred day moving average of $32.86. The company has a market capitalization of $7.54 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 $36.53.

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.