Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB – Get Rating) by 7.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,363 shares of the company’s stock after purchasing an additional 790 shares during the quarter. Commonwealth Equity Services LLC owned about 0.13% of Schwab Fundamental U.S. Broad Market Index ETF worth $597,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 28.3% in the 1st quarter. Royal Bank of Canada now owns 154,876 shares of the company’s stock valued at $8,944,000 after buying an additional 34,144 shares during the period. Resonant Capital Advisors LLC purchased a new stake in Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter valued at about $1,468,000. Coldstream Capital Management Inc. purchased a new stake in Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter valued at about $1,276,000. Citadel Advisors LLC purchased a new stake in Schwab Fundamental U.S. Broad Market Index ETF in the 2nd quarter valued at about $985,000. Finally, CVA Family Office LLC grew its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 31.7% in the 3rd quarter. CVA Family Office LLC now owns 68,444 shares of the company’s stock valued at $3,226,000 after buying an additional 16,467 shares during the period.

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

FNDB opened at $53.18 on Friday. Schwab Fundamental U.S. Broad Market Index ETF has a 12 month low of $46.86 and a 12 month high of $57.05. The stock has a market capitalization of $475.97 million, a price-to-earnings ratio of 12.97 and a beta of 1.02. The business has a 50-day moving average of $53.71 and a two-hundred day moving average of $54.09.

Schwab Fundamental U.S. Broad Market Index ETF Profile

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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.