Schwab Fundamental U.S. Broad Market ETF $FNDB Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its position in shares of Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) by 48.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 78,469 shares of the company’s stock after buying an additional 25,574 shares during the quarter. Jones Financial Companies Lllp owned 0.20% of Schwab Fundamental U.S. Broad Market ETF worth $2,019,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. AlphaCore Capital LLC increased its stake in shares of Schwab Fundamental U.S. Broad Market ETF by 106,368.7% during the second quarter. AlphaCore Capital LLC now owns 1,293,595 shares of the company’s stock worth $31,020,000 after acquiring an additional 1,292,380 shares during the period. Corient Private Wealth LLC lifted its position in Schwab Fundamental U.S. Broad Market ETF by 185.5% in the second quarter. Corient Private Wealth LLC now owns 140,592 shares of the company’s stock valued at $3,350,000 after purchasing an additional 91,345 shares during the period. Centurion Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Broad Market ETF in the 3rd quarter valued at approximately $2,213,000. Opes Wealth Management LLC increased its position in Schwab Fundamental U.S. Broad Market ETF by 10.6% during the 2nd quarter. Opes Wealth Management LLC now owns 701,803 shares of the company’s stock worth $16,829,000 after purchasing an additional 67,217 shares during the period. Finally, MML Investors Services LLC increased its position in Schwab Fundamental U.S. Broad Market ETF by 63.0% during the 2nd quarter. MML Investors Services LLC now owns 145,641 shares of the company’s stock worth $3,492,000 after purchasing an additional 56,299 shares during the period.

Schwab Fundamental U.S. Broad Market ETF Trading Up 1.9%

Shares of FNDB stock opened at $28.51 on Monday. The stock has a 50 day simple moving average of $27.14 and a 200-day simple moving average of $26.02. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 17.81 and a beta of 0.94. Schwab Fundamental U.S. Broad Market ETF has a 12-month low of $19.94 and a 12-month high of $28.54.

Schwab Fundamental U.S. Broad Market 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.