Werba Rubin Papier Wealth Management Raises Stake in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Werba Rubin Papier Wealth Management boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 16,574 shares of the company’s stock after purchasing an additional 11,049 shares during the period. Werba Rubin Papier Wealth Management’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $386,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Systelligence LLC boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 129.0% in the fourth quarter. Systelligence LLC now owns 461,048 shares of the company’s stock valued at $10,724,000 after acquiring an additional 259,733 shares in the last quarter. Nicholas Hoffman & Company LLC. boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 164.9% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 52,107 shares of the company’s stock valued at $1,212,000 after acquiring an additional 32,437 shares in the last quarter. Total Investment Management Inc. boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 272.7% in the fourth quarter. Total Investment Management Inc. now owns 17,239 shares of the company’s stock valued at $401,000 after acquiring an additional 12,613 shares in the last quarter. Opes Wealth Management LLC boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 204.2% in the fourth quarter. Opes Wealth Management LLC now owns 518,825 shares of the company’s stock valued at $12,068,000 after acquiring an additional 348,287 shares in the last quarter. Finally, James Investment Research Inc. boosted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 273.8% during the fourth quarter. James Investment Research Inc. now owns 56,809 shares of the company’s stock worth $1,321,000 after buying an additional 41,612 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Trading Up 0.6 %

FNDB stock opened at $24.45 on Wednesday. The company has a market cap of $278.73 million, a P/E ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a 52 week low of $20.75 and a 52 week high of $24.73. The company’s 50-day moving average price is $23.79 and its 200 day moving average price is $23.50.

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.