HB Wealth Management LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB – Free Report) by 200.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,863 shares of the company’s stock after buying an additional 25,242 shares during the period. HB Wealth Management LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $881,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Guardian Financial Partners LLC boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 195.6% in the fourth quarter. Guardian Financial Partners LLC now owns 186,822 shares of the company’s stock valued at $4,345,000 after acquiring an additional 123,623 shares in the last quarter. Brightwater Advisory LLC acquired a new position in Schwab Fundamental U.S. Broad Market Index ETF during the second quarter worth $7,393,000. AdvisorNet Financial Inc raised its position in Schwab Fundamental U.S. Broad Market Index ETF by 201.8% in the fourth quarter. AdvisorNet Financial Inc now owns 42,469 shares of the company’s stock worth $988,000 after acquiring an additional 28,397 shares in the last quarter. SeaCrest Wealth Management LLC lifted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 194.6% in the fourth quarter. SeaCrest Wealth Management LLC now owns 42,621 shares of the company’s stock valued at $991,000 after acquiring an additional 28,153 shares during the period. Finally, GSG Advisors LLC boosted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 201.0% during the 4th quarter. GSG Advisors LLC now owns 42,142 shares of the company’s stock worth $980,000 after purchasing an additional 28,143 shares in the last quarter.
Schwab Fundamental U.S. Broad Market Index ETF Stock Up 0.9 %
Shares of FNDB opened at $24.11 on Wednesday. Schwab Fundamental U.S. Broad Market Index ETF has a 52-week low of $20.33 and a 52-week high of $24.73. The company has a 50-day simple moving average of $23.86 and a 200-day simple moving average of $23.26. The company has a market capitalization of $274.85 million, a PE ratio of 17.65 and a beta of 0.86.
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.
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