Retirement Planning Group LLC purchased a new stake in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 18,772 shares of the company’s stock, valued at approximately $575,000.
Several other large investors also recently bought and sold shares of FNDB. Quantinno Capital Management LP purchased a new position in shares of Schwab Fundamental U.S. Broad Market ETF during the first quarter worth about $1,386,000. Kaizen Financial Strategies lifted its holdings in shares of Schwab Fundamental U.S. Broad Market ETF by 22.8% in the 3rd quarter. Kaizen Financial Strategies now owns 244,801 shares of the company’s stock valued at $7,493,000 after purchasing an additional 45,463 shares during the last quarter. Carnegie Investment Counsel boosted its position in shares of Schwab Fundamental U.S. Broad Market ETF by 149.1% in the 1st quarter. Carnegie Investment Counsel now owns 42,344 shares of the company’s stock valued at $1,152,000 after purchasing an additional 25,345 shares during the period. Mather Group LLC. acquired a new stake in shares of Schwab Fundamental U.S. Broad Market ETF in the 3rd quarter valued at about $684,000. Finally, Envestnet Asset Management Inc. grew its stake in Schwab Fundamental U.S. Broad Market ETF by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 296,599 shares of the company’s stock worth $9,034,000 after buying an additional 18,829 shares during the last quarter.
Schwab Fundamental U.S. Broad Market ETF Stock Up 0.2%
NYSEARCA:FNDB opened at $31.76 on Thursday. The company has a market capitalization of $1.50 billion, a PE ratio of 17.81 and a beta of 0.88. Schwab Fundamental U.S. Broad Market ETF has a 52-week low of $25.21 and a 52-week high of $32.03. The stock’s 50 day moving average price is $31.42 and its 200 day moving average price is $30.52.
Schwab Fundamental U.S. Broad Market 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.
Featured Articles
- Five stocks we like better than Schwab Fundamental U.S. Broad Market ETF
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Want to see what other hedge funds are holding FNDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB – Free Report).
Receive News & Ratings for Schwab Fundamental U.S. Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental U.S. Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.
