Cabot Wealth Management Inc. Purchases 76,457 Shares of Schwab Fundamental Emerging Markets Equity ETF $FNDE

Cabot Wealth Management Inc. boosted its position in Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) by 30.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 324,582 shares of the company’s stock after purchasing an additional 76,457 shares during the period. Cabot Wealth Management Inc. owned approximately 0.15% of Schwab Fundamental Emerging Markets Equity ETF worth $10,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Frazier Financial Advisors LLC lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 7.3% in the second quarter. Frazier Financial Advisors LLC now owns 4,519 shares of the company’s stock worth $149,000 after purchasing an additional 309 shares during the last quarter. Collective Family Office LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.5% during the second quarter. Collective Family Office LLC now owns 68,516 shares of the company’s stock worth $2,262,000 after acquiring an additional 315 shares during the period. Synergy Asset Management LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 1.3% during the second quarter. Synergy Asset Management LLC now owns 26,712 shares of the company’s stock worth $882,000 after acquiring an additional 341 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.5% during the second quarter. Janney Montgomery Scott LLC now owns 78,590 shares of the company’s stock worth $2,594,000 after acquiring an additional 364 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 105,294 shares of the company’s stock worth $3,534,000 after acquiring an additional 370 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:FNDE opened at $36.90 on Friday. The firm has a market cap of $8.00 billion, a PE ratio of 10.04 and a beta of 0.75. The firm’s 50 day simple moving average is $35.54 and its 200-day simple moving average is $33.32. Schwab Fundamental Emerging Markets Equity ETF has a one year low of $26.43 and a one year high of $37.01.

About Schwab Fundamental Emerging Markets Equity ETF

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.