Fmr LLC Has $103,000 Stock Position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Fmr LLC grew its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 139.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,457 shares of the company’s stock after acquiring an additional 849 shares during the period. Fmr LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $103,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FNDB. Glass Jacobson Investment Advisors llc increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 252.2% during the second quarter. Glass Jacobson Investment Advisors llc now owns 553 shares of the company’s stock valued at $36,000 after acquiring an additional 396 shares in the last quarter. Centaurus Financial Inc. acquired a new stake in Schwab Fundamental U.S. Broad Market Index ETF in the 2nd quarter valued at $142,000. Winthrop Advisory Group LLC bought a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the 3rd quarter valued at $211,000. Vanguard Capital Wealth Advisors acquired a new position in Schwab Fundamental U.S. Broad Market Index ETF during the second quarter worth $229,000. Finally, Foster & Motley Inc. lifted its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 7.5% in the second quarter. Foster & Motley Inc. now owns 3,907 shares of the company’s stock valued at $256,000 after buying an additional 272 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Trading Up 0.9 %

Shares of Schwab Fundamental U.S. Broad Market Index ETF stock opened at $23.55 on Thursday. The stock has a fifty day simple moving average of $23.95 and a 200 day simple moving average of $23.05. Schwab Fundamental U.S. Broad Market Index ETF has a 12-month low of $19.88 and a 12-month high of $24.73. The company has a market capitalization of $268.47 million, a P/E 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.