Vanguard Capital Wealth Advisors Has $477,000 Position in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB)

Vanguard Capital Wealth Advisors increased its position in shares of Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) by 4.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,714 shares of the company’s stock after purchasing an additional 952 shares during the period. Vanguard Capital Wealth Advisors’ holdings in Schwab Fundamental U.S. Broad Market ETF were worth $477,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Allworth Financial LP raised its holdings in Schwab Fundamental U.S. Broad Market ETF by 269.0% in the 4th quarter. Allworth Financial LP now owns 1,107 shares of the company’s stock valued at $27,000 after acquiring an additional 807 shares in the last quarter. Ancora Advisors LLC raised its holdings in Schwab Fundamental U.S. Broad Market ETF by 200.0% in the 4th quarter. Ancora Advisors LLC now owns 1,350 shares of the company’s stock valued at $31,000 after acquiring an additional 900 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Schwab Fundamental U.S. Broad Market ETF by 200.0% in the 4th quarter. NewEdge Advisors LLC now owns 1,923 shares of the company’s stock valued at $45,000 after acquiring an additional 1,282 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in Schwab Fundamental U.S. Broad Market ETF in the 4th quarter valued at $31,000. Finally, Signaturefd LLC raised its holdings in Schwab Fundamental U.S. Broad Market ETF by 200.1% in the 4th quarter. Signaturefd LLC now owns 2,233 shares of the company’s stock valued at $52,000 after acquiring an additional 1,489 shares in the last quarter.

Schwab Fundamental U.S. Broad Market ETF Stock Performance

Schwab Fundamental U.S. Broad Market ETF stock opened at $23.42 on Friday. Schwab Fundamental U.S. Broad Market ETF has a 52 week low of $19.95 and a 52 week high of $24.73. The stock has a market capitalization of $908.70 million, a P/E ratio of 18.71 and a beta of 0.96. The stock has a fifty day moving average of $22.36 and a 200-day moving average of $23.29.

Schwab Fundamental U.S. Broad Market 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.