Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Acquired by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% in the fourth quarter, Holdings Channel reports. The firm owned 16,725 shares of the company’s stock after acquiring an additional 11,150 shares during the period. Capital Investment Advisory Services LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $389,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FNDB. Foster Group Inc. grew 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 buying an additional 473 shares during the period. Coldstream Capital Management Inc. boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 2.9% during the 3rd quarter. Coldstream Capital Management Inc. now owns 19,722 shares of the company’s stock worth $1,388,000 after purchasing an additional 563 shares during the period. Creative Planning increased its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 4.7% in the 2nd quarter. Creative Planning now owns 14,445 shares of the company’s stock valued at $947,000 after purchasing an additional 653 shares in the last quarter. FMR LLC raised its position in 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 purchasing an additional 849 shares during the period. Finally, James Investment Research Inc. lifted its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 6.2% during the third quarter. James Investment Research Inc. now owns 15,197 shares of the company’s stock worth $1,069,000 after purchasing an additional 891 shares in the last quarter.

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

FNDB stock opened at $24.15 on Friday. The firm has a market cap of $275.31 million, a P/E ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a 1 year low of $20.37 and a 1 year high of $24.73. The stock has a 50-day simple moving average of $23.88 and a 200-day simple moving average of $23.36.

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.