Grimes & Company Inc. Sells 3,195 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Grimes & Company Inc. trimmed its position in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 4.2% in the first quarter, according to its most recent filing with the SEC. The fund owned 73,324 shares of the company’s stock after selling 3,195 shares during the period. Grimes & Company Inc.’s holdings in Schwab Emerging Markets Equity ETF were worth $1,851,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of SCHE. Charles Schwab Investment Advisory Inc. raised its position in Schwab Emerging Markets Equity ETF by 3.5% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 83,921,481 shares of the company’s stock valued at $2,080,414,000 after purchasing an additional 2,852,632 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Schwab Emerging Markets Equity ETF by 6.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,997,215 shares of the company’s stock worth $297,411,000 after buying an additional 750,511 shares during the period. Cerity Partners LLC boosted its position in Schwab Emerging Markets Equity ETF by 2,551.5% during the 4th quarter. Cerity Partners LLC now owns 9,739,834 shares of the company’s stock worth $241,450,000 after buying an additional 9,372,497 shares during the period. Heartwood Wealth Advisors LLC increased its position in Schwab Emerging Markets Equity ETF by 1.0% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 1,795,996 shares of the company’s stock valued at $44,523,000 after acquiring an additional 16,971 shares during the period. Finally, Orgel Wealth Management LLC increased its position in Schwab Emerging Markets Equity ETF by 58.5% in the 1st quarter. Orgel Wealth Management LLC now owns 1,443,872 shares of the company’s stock valued at $36,458,000 after acquiring an additional 532,740 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:SCHE opened at $26.56 on Friday. Schwab Emerging Markets Equity ETF has a 52 week low of $22.88 and a 52 week high of $27.23. The firm has a market cap of $8.94 billion, a PE ratio of 12.56 and a beta of 0.83. The firm’s fifty day moving average is $26.34 and its 200-day moving average is $25.24.

Schwab Emerging Markets Equity ETF Company Profile

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.