TruNorth Capital Management LLC Purchases 5,622 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

TruNorth Capital Management LLC raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,433 shares of the company’s stock after buying an additional 5,622 shares during the period. TruNorth Capital Management LLC owned 0.07% of Schwab Fundamental U.S. Broad Market Index ETF worth $196,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Allworth Financial LP lifted its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 269.0% in the fourth quarter. Allworth Financial LP now owns 1,107 shares of the company’s stock valued at $27,000 after buying an additional 807 shares during the period. Pflug Koory LLC raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the fourth quarter. Pflug Koory LLC now owns 1,407 shares of the company’s stock worth $33,000 after acquiring an additional 938 shares during the last quarter. Tanglewood Legacy Advisors LLC acquired a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the fourth quarter valued at $97,000. FMR LLC boosted its stake 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 acquiring an additional 849 shares during the last quarter. Finally, Valley National Advisers Inc. increased its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 165.7% in the fourth quarter. Valley National Advisers Inc. now owns 6,276 shares of the company’s stock valued at $145,000 after purchasing an additional 3,914 shares during the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Stock Down 0.1 %

FNDB opened at $24.02 on Tuesday. Schwab Fundamental U.S. Broad Market Index ETF has a 12 month low of $20.83 and a 12 month high of $24.73. The stock has a market cap of $273.83 million, a P/E ratio of 17.65 and a beta of 0.86. The company has a fifty day simple moving average of $23.81 and a 200 day simple moving average of $23.58.

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.