Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Bought by Red Door Wealth Management LLC

Red Door Wealth Management LLC lifted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,667 shares of the company’s stock after buying an additional 57,778 shares during the quarter. Red Door Wealth Management LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $2,016,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Guardian Financial Partners LLC increased its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 195.6% in the 4th quarter. Guardian Financial Partners LLC now owns 186,822 shares of the company’s stock worth $4,345,000 after acquiring an additional 123,623 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. grew its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 197.6% in the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 184,958 shares of the company’s stock valued at $4,302,000 after purchasing an additional 122,818 shares during the period. Brightwater Advisory LLC acquired a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the 2nd quarter worth about $7,393,000. Clarius Group LLC lifted its stake in Schwab Fundamental U.S. Broad Market Index ETF by 197.1% in the 4th quarter. Clarius Group LLC now owns 84,969 shares of the company’s stock valued at $1,976,000 after buying an additional 56,370 shares in the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 201.8% in the 4th quarter. AdvisorNet Financial Inc now owns 42,469 shares of the company’s stock worth $988,000 after buying an additional 28,397 shares during the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Trading Up 0.6 %

NYSEARCA:FNDB opened at $24.24 on Friday. The stock has a 50 day moving average of $23.86 and a two-hundred day moving average of $23.28. Schwab Fundamental U.S. Broad Market Index ETF has a 12 month low of $20.36 and a 12 month high of $24.73. The firm has a market cap of $276.34 million, a P/E ratio of 17.65 and a beta of 0.86.

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.