Perigon Wealth Management LLC Buys Shares of 7,318 Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Perigon Wealth Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,318 shares of the company’s stock, valued at approximately $447,000. Perigon Wealth Management LLC owned approximately 0.08% of Schwab Fundamental U.S. Broad Market Index ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SeaCrest Wealth Management LLC boosted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 1.7% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 15,426 shares of the company’s stock valued at $850,000 after purchasing an additional 254 shares during the period. Sound Stewardship LLC raised its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 2.2% in the fourth quarter. Sound Stewardship LLC now owns 194,499 shares of the company’s stock valued at $11,884,000 after buying an additional 4,224 shares during the last quarter. Nicholas Hoffman & Company LLC. lifted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 18.8% during the third quarter. Nicholas Hoffman & Company LLC. now owns 5,575 shares of the company’s stock worth $307,000 after purchasing an additional 883 shares in the last quarter. Zimmermann Investment Management & Planning LLC bought a new position in Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter valued at $310,000. Finally, James Investment Research Inc. boosted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 18.7% in the third quarter. James Investment Research Inc. now owns 11,230 shares of the company’s stock valued at $619,000 after acquiring an additional 1,771 shares during the last quarter.

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

FNDB opened at $63.21 on Tuesday. Schwab Fundamental U.S. Broad Market Index ETF has a fifty-two week low of $52.39 and a fifty-two week high of $66.32. The company has a market cap of $587.85 million, a price-to-earnings ratio of 15.75 and a beta of 1.02. The firm has a 50 day simple moving average of $64.01 and a 200 day simple moving average of $60.11.

Schwab Fundamental U.S. Broad Market Index ETF 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.