Rockbridge Investment Management LCC Sells 26,796 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Rockbridge Investment Management LCC lowered its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 11.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 199,161 shares of the company’s stock after selling 26,796 shares during the quarter. Schwab Emerging Markets Equity ETF makes up approximately 0.8% of Rockbridge Investment Management LCC’s portfolio, making the stock its 23rd largest holding. Rockbridge Investment Management LCC’s holdings in Schwab Emerging Markets Equity ETF were worth $5,812,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHE. US Bancorp DE lifted its stake in Schwab Emerging Markets Equity ETF by 12,168.2% during the 3rd quarter. US Bancorp DE now owns 3,812,699 shares of the company’s stock valued at $111,255,000 after acquiring an additional 3,781,621 shares during the period. Jane Street Group LLC lifted its stake in Schwab Emerging Markets Equity ETF by 5,410.5% during the 1st quarter. Jane Street Group LLC now owns 2,769,692 shares of the company’s stock valued at $69,935,000 after acquiring an additional 2,719,430 shares during the period. Charles Schwab Investment Advisory Inc. lifted its stake in Schwab Emerging Markets Equity ETF by 1.6% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 85,303,270 shares of the company’s stock valued at $2,153,908,000 after acquiring an additional 1,381,789 shares during the period. BlueSky Wealth Advisors LLC bought a new position in Schwab Emerging Markets Equity ETF during the 2nd quarter valued at about $28,815,000. Finally, OLD Mission Capital LLC lifted its stake in Schwab Emerging Markets Equity ETF by 693.0% during the 1st quarter. OLD Mission Capital LLC now owns 913,435 shares of the company’s stock valued at $23,064,000 after acquiring an additional 798,250 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE opened at $28.51 on Friday. The company’s 50-day simple moving average is $28.39 and its two-hundred day simple moving average is $27.22. Schwab Emerging Markets Equity ETF has a 52-week low of $23.33 and a 52-week high of $30.25. The stock has a market capitalization of $9.60 billion, a P/E ratio of 12.56 and a beta of 0.83.

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.