Anchor Investment Management LLC Sells 1,355 Shares of Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE)

Anchor Investment Management LLC trimmed its stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,583 shares of the company’s stock after selling 1,355 shares during the quarter. Anchor Investment Management LLC’s holdings in Schwab Emerging Markets Equity ETF were worth $1,933,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SCHE. HighTower Advisors LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 7.2% in the 4th quarter. HighTower Advisors LLC now owns 8,367,065 shares of the company’s stock valued at $222,815,000 after purchasing an additional 559,276 shares during the period. SageView Advisory Group LLC raised its stake in Schwab Emerging Markets Equity ETF by 22.3% in the fourth quarter. SageView Advisory Group LLC now owns 3,477,774 shares of the company’s stock valued at $92,613,000 after buying an additional 634,282 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Schwab Emerging Markets Equity ETF by 2.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,375,552 shares of the company’s stock valued at $69,319,000 after buying an additional 60,980 shares during the last quarter. Rebalance LLC lifted its position in shares of Schwab Emerging Markets Equity ETF by 2.8% in the fourth quarter. Rebalance LLC now owns 2,113,897 shares of the company’s stock valued at $56,293,000 after buying an additional 58,482 shares during the last quarter. Finally, Orgel Wealth Management LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 4.9% during the 4th quarter. Orgel Wealth Management LLC now owns 1,789,869 shares of the company’s stock worth $47,664,000 after acquiring an additional 83,348 shares during the period.

Schwab Emerging Markets Equity ETF Trading Up 0.1 %

SCHE opened at $26.60 on Wednesday. The stock’s fifty day simple moving average is $27.37 and its 200 day simple moving average is $27.63. Schwab Emerging Markets Equity ETF has a 1-year low of $24.11 and a 1-year high of $30.25. The stock has a market cap of $9.06 billion, a PE ratio of 15.04 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.