Mezzasalma Advisors LLC Purchases 93,217 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Mezzasalma Advisors LLC raised its position in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 191.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,997 shares of the company’s stock after acquiring an additional 93,217 shares during the period. Schwab Fundamental U.S. Broad Market Index ETF makes up 1.1% of Mezzasalma Advisors LLC’s portfolio, making the stock its 21st biggest holding. Mezzasalma Advisors LLC owned approximately 1.25% of Schwab Fundamental U.S. Broad Market Index ETF worth $3,303,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Crewe Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the fourth quarter. Crewe Advisors LLC now owns 8,843 shares of the company’s stock worth $206,000 after acquiring an additional 5,895 shares during the last quarter. Stratos Wealth Partners LTD. boosted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 10,860 shares of the company’s stock valued at $253,000 after purchasing an additional 7,240 shares during the period. Mather Group LLC. grew its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the 4th quarter. Mather Group LLC. now owns 24,600 shares of the company’s stock worth $572,000 after purchasing an additional 16,400 shares during the last quarter. Resonant Capital Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 207.1% during the 4th quarter. Resonant Capital Advisors LLC now owns 84,145 shares of the company’s stock worth $1,957,000 after purchasing an additional 56,747 shares during the period. Finally, S.A. Mason LLC raised its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the fourth quarter. S.A. Mason LLC now owns 6,550 shares of the company’s stock valued at $152,000 after buying an additional 4,367 shares during the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Stock Down 0.9 %

FNDB stock opened at $24.01 on Friday. Schwab Fundamental U.S. Broad Market Index ETF has a twelve month low of $20.42 and a twelve month high of $24.73. The company has a market cap of $273.71 million, a PE ratio of 17.65 and a beta of 0.86. The business’s 50-day simple moving average is $23.84 and its 200 day simple moving average is $23.41.

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.