Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Sold by Sfmg LLC

Sfmg LLC cut its holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,405 shares of the company’s stock after selling 1,655 shares during the quarter. Sfmg LLC owned approximately 0.10% of Schwab Fundamental U.S. Broad Market Index ETF worth $575,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. SeaCrest Wealth Management LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 1.7% during the third quarter. SeaCrest Wealth Management LLC now owns 15,426 shares of the company’s stock worth $850,000 after acquiring an additional 254 shares during the last quarter. Sound Stewardship LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 2.2% during the fourth quarter. Sound Stewardship LLC now owns 194,499 shares of the company’s stock worth $11,884,000 after acquiring an additional 4,224 shares during the last quarter. Nicholas Hoffman & Company LLC. boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 18.8% during the third quarter. Nicholas Hoffman & Company LLC. now owns 5,575 shares of the company’s stock worth $307,000 after acquiring an additional 883 shares during the last quarter. Zimmermann Investment Management & Planning LLC acquired a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the fourth quarter worth approximately $310,000. Finally, James Investment Research Inc. boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 18.7% during the third quarter. James Investment Research Inc. now owns 11,230 shares of the company’s stock worth $619,000 after acquiring an additional 1,771 shares during the last quarter.

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

Shares of NYSEARCA FNDB opened at $62.66 on Thursday. The firm has a market cap of $582.74 million, a P/E ratio of 15.75 and a beta of 1.02. Schwab Fundamental U.S. Broad Market Index ETF has a 1 year low of $52.39 and a 1 year high of $66.32. The firm’s 50 day moving average price is $64.05 and its 200 day moving average price is $60.19.

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.