PNC Financial Services Group Inc. Grows Stock Position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

PNC Financial Services Group Inc. lifted its stake in 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 disclosure with the Securities and Exchange Commission. The firm owned 9,900 shares of the company’s stock after buying an additional 6,600 shares during the period. PNC Financial Services Group Inc. owned approximately 0.09% of Schwab Fundamental U.S. Broad Market Index ETF worth $230,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of FNDB. Allworth Financial LP boosted its position 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 boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the 4th quarter. Pflug Koory LLC now owns 1,407 shares of the company’s stock valued at $33,000 after acquiring an additional 938 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,468 shares of the company’s stock valued at $81,000 after acquiring an additional 2,312 shares in the last quarter. Tanglewood Legacy Advisors LLC bought a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the 4th quarter valued at approximately $97,000. Finally, FMR LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 139.6% during the 3rd quarter. FMR LLC now owns 1,457 shares of the company’s stock valued at $103,000 after acquiring an additional 849 shares in the last quarter.

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

Schwab Fundamental U.S. Broad Market Index ETF stock opened at $23.14 on Friday. The stock’s 50 day simple moving average is $23.80 and its two-hundred day simple moving average is $23.68. Schwab Fundamental U.S. Broad Market Index ETF has a fifty-two week low of $20.83 and a fifty-two week high of $24.73. The stock has a market cap of $885.11 million, a price-to-earnings ratio of 18.58 and a beta of 1.02.

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.