Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Position Increased by Jones Financial Companies Lllp

Jones Financial Companies Lllp raised its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 761.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,333 shares of the company’s stock after acquiring an additional 5,598 shares during the period. Jones Financial Companies Lllp owned approximately 0.06% of Schwab Fundamental U.S. Broad Market Index ETF worth $147,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in FNDB. Allworth Financial LP raised its stake in Schwab Fundamental U.S. Broad Market Index ETF by 269.0% during 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. Pflug Koory LLC raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the 4th 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. Tanglewood Legacy Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter worth $97,000. FMR LLC raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 139.6% in the 3rd 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. Finally, Parkside Financial Bank & Trust raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,811 shares of the company’s stock worth $112,000 after buying an additional 3,210 shares in the last quarter.

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

FNDB opened at $22.93 on Friday. Schwab Fundamental U.S. Broad Market Index ETF has a one year low of $20.83 and a one year high of $24.73. The stock’s fifty day moving average is $23.81 and its 200-day moving average is $23.67. The company has a market capitalization of $872.49 million, a PE ratio of 19.46 and a beta of 1.02.

About Schwab Fundamental U.S. Broad Market Index ETF

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.