Pittenger & Anderson Inc. Cuts Position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Pittenger & Anderson Inc. lowered its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 56.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 187,366 shares of the company’s stock after selling 242,676 shares during the period. Pittenger & Anderson Inc. owned about 0.05% of Schwab Emerging Markets Equity ETF worth $4,645,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 522.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,077 shares of the company’s stock worth $26,000 after buying an additional 904 shares in the last quarter. BKM Wealth Management LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF in the fourth quarter valued at about $46,000. Sound Income Strategies LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the fourth quarter valued at approximately $46,000. Friedenthal Financial acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the fourth quarter valued at approximately $54,000. Finally, Life Planning Partners Inc purchased a new position in shares of Schwab Emerging Markets Equity ETF during the 4th quarter worth approximately $61,000.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA:SCHE traded up $0.28 on Friday, reaching $25.56. The stock had a trading volume of 506,749 shares, compared to its average volume of 1,248,432. Schwab Emerging Markets Equity ETF has a 12-month low of $22.88 and a 12-month high of $26.15. The company has a market cap of $8.60 billion, a price-to-earnings ratio of 11.72 and a beta of 0.80. The firm’s fifty day moving average is $25.11 and its two-hundred day moving average is $24.46.

About Schwab Emerging Markets Equity ETF

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.