Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Acquired by GSG Advisors LLC

GSG Advisors LLC increased its holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 201.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 42,142 shares of the company’s stock after acquiring an additional 28,143 shares during the period. GSG Advisors LLC owned approximately 0.37% of Schwab Fundamental U.S. Broad Market Index ETF worth $980,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 252.2% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 553 shares of the company’s stock worth $36,000 after acquiring an additional 396 shares during the last quarter. Foster Group Inc. lifted its stake in Schwab Fundamental U.S. Broad Market Index ETF by 2.3% during the third quarter. Foster Group Inc. now owns 21,435 shares of the company’s stock worth $1,508,000 after purchasing an additional 473 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 2.9% during the third quarter. Coldstream Capital Management Inc. now owns 19,722 shares of the company’s stock worth $1,388,000 after buying an additional 563 shares during the period. Creative Planning boosted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 4.7% during the second quarter. Creative Planning now owns 14,445 shares of the company’s stock worth $947,000 after buying an additional 653 shares during the period. Finally, FMR LLC grew its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 139.6% in the third quarter. FMR LLC now owns 1,457 shares of the company’s stock valued at $103,000 after buying an additional 849 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Trading Up 0.7 %

FNDB opened at $23.21 on Tuesday. The stock’s 50-day moving average price is $23.90 and its 200 day moving average price is $23.19. Schwab Fundamental U.S. Broad Market Index ETF has a 12-month low of $19.88 and a 12-month high of $24.73. The firm has a market cap of $264.59 million, a price-to-earnings 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.