Trust Co. of Vermont purchased a new stake in shares of Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB – Free Report) during the second quarter, Holdings Channel.com reports. The firm purchased 61,174 shares of the company’s stock, valued at approximately $1,772,000.
Several other large investors have also recently made changes to their positions in the business. Family Capital Management Inc. boosted its stake in shares of Schwab Fundamental U.S. Broad Market ETF by 64.6% in the 4th quarter. Family Capital Management Inc. now owns 92,660 shares of the company’s stock valued at $2,462,000 after purchasing an additional 36,377 shares in the last quarter. BFI Wealth Solutions LLC bought a new position in shares of Schwab Fundamental U.S. Broad Market ETF during the 4th quarter valued at $508,000. Quantinno Capital Management LP purchased a new position in Schwab Fundamental U.S. Broad Market ETF in the 1st quarter worth $1,386,000. Carnegie Investment Counsel lifted its stake in Schwab Fundamental U.S. Broad Market ETF by 149.1% in the first quarter. Carnegie Investment Counsel now owns 42,344 shares of the company’s stock worth $1,152,000 after purchasing an additional 25,345 shares during the last quarter. Finally, Marble Wealth LLC bought a new stake in Schwab Fundamental U.S. Broad Market ETF in the fourth quarter worth $838,000.
Schwab Fundamental U.S. Broad Market ETF Stock Down 0.3%
NYSEARCA FNDB opened at $31.66 on Wednesday. The company has a 50-day simple moving average of $30.86 and a two-hundred day simple moving average of $29.36. Schwab Fundamental U.S. Broad Market ETF has a 12-month low of $24.63 and a 12-month high of $31.97. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 17.81 and a beta of 0.88.
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.
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