Bellevue Asset Management LLC Sells 926 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Bellevue Asset Management LLC decreased its position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 8.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,664 shares of the company’s stock after selling 926 shares during the period. Bellevue Asset Management LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $652,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FNDB. AlphaCore Capital LLC purchased a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF in the third quarter worth $50,000. Planned Solutions Inc. purchased a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF during the 4th quarter valued at about $94,000. Kendall Capital Management purchased a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the fourth quarter valued at approximately $200,000. Foster & Motley Inc. bought a new position in Schwab Fundamental U.S. Broad Market Index ETF during the fourth quarter valued at approximately $205,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in Schwab Fundamental U.S. Broad Market Index ETF in the fourth quarter worth approximately $221,000.

Schwab Fundamental U.S. Broad Market Index ETF Trading Up 0.9 %

NYSEARCA:FNDB traded up $0.55 during trading hours on Friday, reaching $64.02. The company had a trading volume of 37,387 shares, compared to its average volume of 32,423. The firm has a market cap of $723.43 million, a price-to-earnings ratio of 17.16 and a beta of 0.88. The firm’s 50 day moving average price is $64.28 and its 200-day moving average price is $60.91. Schwab Fundamental U.S. Broad Market Index ETF has a 52 week low of $52.39 and a 52 week high of $66.32.

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.