Pineridge Advisors LLC Raises Position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Pineridge Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 357.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,049 shares of the company’s stock after acquiring an additional 5,507 shares during the quarter. Pineridge Advisors LLC owned 0.06% of Schwab Fundamental U.S. Broad Market Index ETF worth $164,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its position in Schwab Fundamental U.S. Broad Market Index ETF by 24.0% during the 3rd quarter. Stifel Financial Corp now owns 4,895 shares of the company’s stock worth $344,000 after purchasing an additional 946 shares during the period. FMR LLC grew its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 139.6% during the third quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after acquiring an additional 849 shares during the period. HB Wealth Management LLC raised its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the fourth quarter. HB Wealth Management LLC now owns 37,863 shares of the company’s stock worth $881,000 after acquiring an additional 25,242 shares in the last quarter. GSG Advisors LLC lifted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 201.0% in the fourth quarter. GSG Advisors LLC now owns 42,142 shares of the company’s stock valued at $980,000 after acquiring an additional 28,143 shares during the period. Finally, Pflug Koory LLC boosted its position in shares of 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 worth $33,000 after purchasing an additional 938 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Stock Up 0.4 %

NYSEARCA:FNDB opened at $24.10 on Tuesday. The firm’s fifty day simple moving average is $23.83 and its 200-day simple moving average is $23.43. The stock has a market cap of $274.74 million, a PE ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a fifty-two week low of $20.42 and a fifty-two week high of $24.73.

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.