Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Purchased by KM Capital Management Ltd.

KM Capital Management Ltd. raised its holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,959 shares of the company’s stock after purchasing an additional 17,306 shares during the period. KM Capital Management Ltd.’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $604,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FNDB. Allworth Financial LP increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 269.0% in the 4th quarter. Allworth Financial LP now owns 1,107 shares of the company’s stock valued at $27,000 after acquiring an additional 807 shares during the last quarter. Pflug Koory LLC grew its stake in 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 buying an additional 938 shares during the last quarter. FMR LLC grew its stake in Schwab Fundamental U.S. Broad Market Index ETF by 139.6% during the 3rd quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after buying an additional 849 shares during the last quarter. Winthrop Advisory Group LLC acquired a new position in Schwab Fundamental U.S. Broad Market Index ETF during the 3rd quarter worth $211,000. Finally, Glass Jacobson Investment Advisors llc boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 515.7% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,405 shares of the company’s stock worth $240,000 after acquiring an additional 2,852 shares during the period.

Schwab Fundamental U.S. Broad Market Index ETF Stock Performance

Shares of FNDB stock opened at $24.05 on Friday. Schwab Fundamental U.S. Broad Market Index ETF has a 1 year low of $20.83 and a 1 year high of $24.73. The stock has a fifty day moving average of $23.81 and a two-hundred day moving average of $23.55. The firm has a market capitalization of $274.17 million, a PE ratio of 17.65 and a beta of 0.86.

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.