Perigon Wealth Management LLC Purchases New Holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Perigon Wealth Management LLC acquired a new position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 7,318 shares of the company’s stock, valued at approximately $447,000.

Other institutional investors have also bought and sold shares of the company. Modera Wealth Management LLC acquired a new position in Schwab Fundamental U.S. Broad Market Index ETF during the third quarter worth $34,207,000. LPL Financial LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 374.1% during the third quarter. LPL Financial LLC now owns 81,184 shares of the company’s stock worth $4,473,000 after purchasing an additional 64,061 shares in the last quarter. Royal Bank of Canada increased its position in Schwab Fundamental U.S. Broad Market Index ETF by 28.3% during the first quarter. Royal Bank of Canada now owns 154,876 shares of the company’s stock worth $8,944,000 after buying an additional 34,144 shares in the last quarter. Ameriprise Financial Inc. increased its position in Schwab Fundamental U.S. Broad Market Index ETF by 78.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 71,044 shares of the company’s stock worth $3,915,000 after purchasing an additional 31,221 shares in the last quarter. Finally, Yoder Wealth Management Inc. purchased a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF during the first quarter worth about $1,545,000.

Schwab Fundamental U.S. Broad Market Index ETF Stock Performance

FNDB opened at $63.21 on Tuesday. Schwab Fundamental U.S. Broad Market Index ETF has a 1 year low of $52.39 and a 1 year high of $66.32. The company’s 50 day simple moving average is $64.01 and its 200 day simple moving average is $60.11. The stock has a market capitalization of $587.85 million, a PE ratio of 15.75 and a beta of 1.02.

Schwab Fundamental U.S. Broad Market Index ETF Company Profile

The Schwab Fundamental U.S. Broad Market Index ETF (FNDB) is an exchange-traded fund that is based on the Russell RAFI US index. The fund tracks a US equity index, selected and weighted based on three fundamental factors (sales, cash flow and dividends\u002Fbuybacks). FNDB was launched on Aug 8, 2013 and is managed by Charles Schwab.