Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Acquired by Litman Gregory Wealth Management LLC

Litman Gregory Wealth Management LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 220.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,102 shares of the company’s stock after buying an additional 16,590 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $561,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sound Stewardship LLC increased its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 194.0% in the 4th quarter. Sound Stewardship LLC now owns 582,573 shares of the company’s stock worth $13,551,000 after purchasing an additional 384,414 shares during the last quarter. Guardian Financial Partners LLC increased its holdings in 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 buying an additional 123,623 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. increased its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 197.6% in the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 184,958 shares of the company’s stock valued at $4,302,000 after buying an additional 122,818 shares during the last quarter. Aspiring Ventures LLC acquired a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the fourth quarter valued at approximately $2,908,000. Finally, Red Door Wealth Management LLC lifted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the 4th quarter. Red Door Wealth Management LLC now owns 86,667 shares of the company’s stock worth $2,016,000 after buying an additional 57,778 shares during the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Trading Down 0.7 %

Shares of FNDB opened at $24.15 on Friday. The firm has a market cap of $275.31 million, a price-to-earnings ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a 52 week low of $20.37 and a 52 week high of $24.73. The stock has a 50 day moving average of $23.88 and a 200-day moving average of $23.36.

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.