Marble Wealth LLC Makes New Investment in Schwab Fundamental U.S. Broad Market ETF $FNDB

Marble Wealth LLC acquired a new stake in shares of Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) in the fourth quarter, HoldingsChannel reports. The firm acquired 31,538 shares of the company’s stock, valued at approximately $838,000.

A number of other institutional investors have also recently made changes to their positions in FNDB. Goldman Sachs Group Inc. grew its position in shares of Schwab Fundamental U.S. Broad Market ETF by 8.3% during the first quarter. Goldman Sachs Group Inc. now owns 85,970 shares of the company’s stock valued at $1,978,000 after purchasing an additional 6,585 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Schwab Fundamental U.S. Broad Market ETF during the first quarter valued at about $1,163,000. Geneos Wealth Management Inc. grew its position in shares of Schwab Fundamental U.S. Broad Market ETF by 3,140.7% during the first quarter. Geneos Wealth Management Inc. now owns 2,787 shares of the company’s stock valued at $64,000 after purchasing an additional 2,701 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Schwab Fundamental U.S. Broad Market ETF by 60.9% during the second quarter. Cetera Investment Advisers now owns 26,110 shares of the company’s stock valued at $626,000 after purchasing an additional 9,882 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Schwab Fundamental U.S. Broad Market ETF by 11.2% during the second quarter. JPMorgan Chase & Co. now owns 61,525 shares of the company’s stock valued at $1,475,000 after purchasing an additional 6,180 shares in the last quarter.

Schwab Fundamental U.S. Broad Market ETF Stock Down 0.1%

Shares of Schwab Fundamental U.S. Broad Market ETF stock opened at $30.30 on Thursday. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 17.81 and a beta of 0.88. The business has a 50-day moving average price of $28.87 and a 200-day moving average price of $27.82. Schwab Fundamental U.S. Broad Market ETF has a twelve month low of $23.12 and a twelve month high of $30.40.

About Schwab Fundamental U.S. Broad Market ETF

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.