Steele Capital Management Inc. Trims Stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Steele Capital Management Inc. reduced its stake in shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 3.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 348,710 shares of the company’s stock after selling 13,567 shares during the quarter. Steele Capital Management Inc. owned 0.10% of Schwab Emerging Markets Equity ETF worth $8,805,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. BlueSky Wealth Advisors LLC increased its position in shares of Schwab Emerging Markets Equity ETF by 2.7% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 993,881 shares of the company’s stock valued at $24,638,000 after buying an additional 26,269 shares in the last quarter. Rainsberger Wealth Advisors Inc. boosted its stake in shares of Schwab Emerging Markets Equity ETF by 2.6% in the third quarter. Rainsberger Wealth Advisors Inc. now owns 293,900 shares of the company’s stock worth $7,036,000 after acquiring an additional 7,346 shares during the last quarter. Main Street Financial Solutions LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 2.8% in the fourth quarter. Main Street Financial Solutions LLC now owns 198,012 shares of the company’s stock worth $4,909,000 after acquiring an additional 5,483 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 2.5% in the fourth quarter. Corient Private Wealth LLC now owns 891,789 shares of the company’s stock worth $22,107,000 after acquiring an additional 21,862 shares during the last quarter. Finally, Ballast Advisors LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 1.5% in the fourth quarter. Ballast Advisors LLC now owns 236,689 shares of the company’s stock worth $5,868,000 after acquiring an additional 3,596 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:SCHE traded up $0.06 during trading on Monday, reaching $26.62. The stock had a trading volume of 1,665,372 shares, compared to its average volume of 1,110,902. The business has a fifty day moving average price of $26.37 and a 200-day moving average price of $25.27. The stock has a market cap of $8.96 billion, a PE ratio of 12.56 and a beta of 0.83. Schwab Emerging Markets Equity ETF has a 1-year low of $22.88 and a 1-year high of $27.23.

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.