Bellevue Asset Management LLC Boosts Position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Bellevue Asset Management LLC boosted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 192.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,056 shares of the company’s stock after acquiring an additional 20,432 shares during the quarter. Bellevue Asset Management LLC owned 0.27% of Schwab Fundamental U.S. Broad Market Index ETF worth $722,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Allworth Financial LP increased its position in 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 worth $27,000 after buying an additional 807 shares in the last quarter. Pflug Koory LLC increased its position in 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 buying an additional 938 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,468 shares of the company’s stock worth $81,000 after buying an additional 2,312 shares in the last quarter. Tanglewood Legacy Advisors LLC purchased a new stake in Schwab Fundamental U.S. Broad Market Index ETF in the fourth quarter worth about $97,000. Finally, FMR LLC increased 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 worth $103,000 after buying an additional 849 shares in the last quarter.

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

NYSEARCA FNDB opened at $23.51 on Thursday. The firm has a market cap of $894.56 million, a price-to-earnings ratio of 19.46 and a beta of 1.02. The business has a 50-day moving average price of $23.87 and a 200-day moving average price of $23.66. Schwab Fundamental U.S. Broad Market Index ETF has a twelve month low of $20.83 and a twelve month high of $24.73.

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.