Systelligence LLC Purchases 259,733 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Systelligence LLC lifted its position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 129.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 461,048 shares of the company’s stock after purchasing an additional 259,733 shares during the quarter. Schwab Fundamental U.S. Broad Market Index ETF comprises about 2.6% of Systelligence LLC’s investment portfolio, making the stock its 16th biggest position. Systelligence LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $10,724,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FNDB. Financial Consulate Inc. increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 0.8% in the third quarter. Financial Consulate Inc. now owns 553,625 shares of the company’s stock worth $38,959,000 after purchasing an additional 4,435 shares during the last quarter. Sound Stewardship LLC increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 1.1% in the third quarter. Sound Stewardship LLC now owns 198,159 shares of the company’s stock worth $13,944,000 after purchasing an additional 2,151 shares during the last quarter. Vanguard Capital Wealth Advisors increased its stake in Schwab Fundamental U.S. Broad Market Index ETF by 78.3% during the third quarter. Vanguard Capital Wealth Advisors now owns 6,226 shares of the company’s stock worth $438,000 after acquiring an additional 2,735 shares during the last quarter. Nicholas Hoffman & Company LLC. increased its stake in Schwab Fundamental U.S. Broad Market Index ETF by 10.5% during the third quarter. Nicholas Hoffman & Company LLC. now owns 19,670 shares of the company’s stock worth $1,384,000 after acquiring an additional 1,875 shares during the last quarter. Finally, Values Added Financial LLC bought a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the third quarter worth approximately $331,000.

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

Shares of NYSEARCA FNDB opened at $24.31 on Monday. The business’s 50 day moving average is $23.79 and its two-hundred day moving average is $23.49. Schwab Fundamental U.S. Broad Market Index ETF has a 1-year low of $20.75 and a 1-year high of $24.73. The stock has a market capitalization of $277.13 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.