Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Purchased by S.A. Mason LLC

S.A. Mason LLC grew its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,550 shares of the company’s stock after purchasing an additional 4,367 shares during the quarter. S.A. Mason LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $152,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Stifel Financial Corp lifted its stake in Schwab Fundamental U.S. Broad Market Index ETF by 24.0% during the third quarter. Stifel Financial Corp now owns 4,895 shares of the company’s stock worth $344,000 after purchasing an additional 946 shares during the last quarter. FMR LLC lifted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 139.6% in the 3rd quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after buying an additional 849 shares during the last quarter. HB Wealth Management LLC lifted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the 4th quarter. HB Wealth Management LLC now owns 37,863 shares of the company’s stock worth $881,000 after buying an additional 25,242 shares during the last quarter. GSG Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 201.0% in the 4th quarter. GSG Advisors LLC now owns 42,142 shares of the company’s stock valued at $980,000 after buying an additional 28,143 shares during the period. Finally, Pflug Koory LLC grew its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the 4th quarter. Pflug Koory LLC now owns 1,407 shares of the company’s stock valued at $33,000 after buying an additional 938 shares during the last quarter.

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

Shares of NYSEARCA FNDB opened at $24.15 on Monday. The firm’s 50-day moving average price is $23.88 and its two-hundred day moving average price is $23.37. 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 market capitalization of $275.31 million, a P/E ratio of 17.65 and a beta of 0.86.

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.