Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Purchased by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC raised its holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 16,725 shares of the company’s stock after acquiring an additional 11,150 shares during the period. Capital Investment Advisory Services LLC owned 0.15% of Schwab Fundamental U.S. Broad Market Index ETF worth $389,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in FNDB. Sound Stewardship LLC increased its stake in Schwab Fundamental U.S. Broad Market Index ETF by 194.0% in the fourth quarter. Sound Stewardship LLC now owns 582,573 shares of the company’s stock valued at $13,551,000 after purchasing an additional 384,414 shares during the last quarter. Financial Consulate Inc. increased its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 0.8% during the 3rd quarter. Financial Consulate Inc. now owns 553,625 shares of the company’s stock valued at $38,959,000 after acquiring an additional 4,435 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 220,509 shares of the company’s stock worth $15,518,000 after acquiring an additional 2,903 shares during the period. Systelligence LLC boosted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 1.6% in the third quarter. Systelligence LLC now owns 201,315 shares of the company’s stock worth $14,167,000 after acquiring an additional 3,213 shares during the last quarter. Finally, Guardian Financial Partners LLC grew 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 purchasing an additional 123,623 shares during the period.

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

Shares of FNDB stock opened at $24.15 on Friday. The firm has a market capitalization 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 one year low of $20.37 and a one year high of $24.73. The company has a 50 day moving average price of $23.88 and a 200 day moving average price of $23.36.

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.