Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Stock Position Raised by Signaturefd LLC

Signaturefd LLC boosted its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,233 shares of the company’s stock after purchasing an additional 1,489 shares during the period. Signaturefd LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $52,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Financial Consulate Inc. grew its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 196.5% during the 4th quarter. Financial Consulate Inc. now owns 1,641,227 shares of the company’s stock worth $38,175,000 after purchasing an additional 1,087,602 shares in the last quarter. Callan Capital LLC raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 195.8% in the fourth quarter. Callan Capital LLC now owns 1,353,972 shares of the company’s stock worth $31,493,000 after acquiring an additional 896,188 shares during the last quarter. HighTower Advisors LLC lifted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 202.1% during the 4th quarter. HighTower Advisors LLC now owns 666,080 shares of the company’s stock worth $15,493,000 after buying an additional 445,571 shares in the last quarter. Sound Stewardship LLC lifted its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 194.0% during the fourth quarter. Sound Stewardship LLC now owns 582,573 shares of the company’s stock valued at $13,551,000 after acquiring an additional 384,414 shares during the period. Finally, Opes Wealth Management LLC lifted its position in Schwab Fundamental U.S. Broad Market Index ETF by 204.2% during the 4th quarter. Opes Wealth Management LLC now owns 518,825 shares of the company’s stock valued at $12,068,000 after purchasing an additional 348,287 shares during the period.

Schwab Fundamental U.S. Broad Market Index ETF Stock Up 1.4 %

NYSEARCA:FNDB opened at $23.46 on Tuesday. The firm has a market capitalization of $897.35 million, a P/E ratio of 18.58 and a beta of 1.02. Schwab Fundamental U.S. Broad Market Index ETF has a 12-month low of $20.83 and a 12-month high of $24.73. The stock’s fifty day simple moving average is $23.81 and its 200-day simple moving average is $23.69.

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.