Lee Danner & Bass Inc. Purchases New Shares in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Lee Danner & Bass Inc. purchased a new stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,354 shares of the company’s stock, valued at approximately $36,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ballast Advisors LLC grew its position in Schwab Emerging Markets Equity ETF by 5.7% during the fourth quarter. Ballast Advisors LLC now owns 278,751 shares of the company’s stock valued at $7,423,000 after buying an additional 15,132 shares during the period. Lowe Brockenbrough & Co. Inc. grew its position in shares of Schwab Emerging Markets Equity ETF by 6.0% in the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 39,003 shares of the company’s stock valued at $1,039,000 after purchasing an additional 2,209 shares during the period. SigFig Wealth Management LLC grew its position in shares of Schwab Emerging Markets Equity ETF by 1.1% in the fourth quarter. SigFig Wealth Management LLC now owns 378,352 shares of the company’s stock valued at $10,076,000 after purchasing an additional 4,110 shares during the period. HUB Investment Partners LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the fourth quarter valued at about $209,000. Finally, GS Investments Inc. grew its position in shares of Schwab Emerging Markets Equity ETF by 62.8% in the fourth quarter. GS Investments Inc. now owns 1,490 shares of the company’s stock valued at $40,000 after purchasing an additional 575 shares during the period.

Schwab Emerging Markets Equity ETF Stock Down 0.5 %

Shares of NYSEARCA SCHE opened at $28.05 on Monday. The company’s 50-day simple moving average is $27.40 and its 200-day simple moving average is $27.75. Schwab Emerging Markets Equity ETF has a 52-week low of $24.61 and a 52-week high of $30.25. The firm has a market cap of $9.55 billion, a price-to-earnings ratio of 14.92 and a beta of 0.65.

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.