HHM Wealth Advisors LLC Trims Stake in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

HHM Wealth Advisors LLC trimmed its position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,992 shares of the company’s stock after selling 1,825 shares during the quarter. Schwab Fundamental U.S. Broad Market Index ETF accounts for 0.4% of HHM Wealth Advisors LLC’s holdings, making the stock its 22nd largest holding. HHM Wealth Advisors LLC owned about 0.34% of Schwab Fundamental U.S. Broad Market Index ETF worth $2,557,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. lifted its position in Schwab Fundamental U.S. Broad Market Index ETF by 5.6% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 163,612 shares of the company’s stock valued at $10,730,000 after acquiring an additional 8,664 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. lifted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 3.1% during the 2nd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 62,395 shares of the company’s stock valued at $4,092,000 after purchasing an additional 1,869 shares during the last quarter. Mezzasalma Advisors LLC boosted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 77.8% in the 2nd quarter. Mezzasalma Advisors LLC now owns 48,896 shares of the company’s stock worth $3,207,000 after purchasing an additional 21,390 shares in the last quarter. Raymond James & Associates grew its stake in Schwab Fundamental U.S. Broad Market Index ETF by 8.9% during the 2nd quarter. Raymond James & Associates now owns 29,203 shares of the company’s stock worth $1,915,000 after buying an additional 2,384 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in Schwab Fundamental U.S. Broad Market Index ETF by 5.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 23,150 shares of the company’s stock valued at $1,518,000 after buying an additional 1,212 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Stock Down 0.2 %

Shares of Schwab Fundamental U.S. Broad Market Index ETF stock opened at $67.43 on Wednesday. The company has a 50 day moving average price of $67.32 and a 200 day moving average price of $65.70. The firm has a market capitalization of $768.70 million, a P/E ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a 52 week low of $52.39 and a 52 week high of $69.58.

About Schwab Fundamental U.S. Broad Market Index ETF

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.