TruNorth Capital Management LLC Acquires 5,622 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

TruNorth Capital Management LLC raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,433 shares of the company’s stock after acquiring an additional 5,622 shares during the period. TruNorth Capital Management LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $196,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 269.0% in the fourth quarter. Allworth Financial LP now owns 1,107 shares of the company’s stock worth $27,000 after buying an additional 807 shares during the last quarter. Pflug Koory LLC grew 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 valued at $33,000 after acquiring an additional 938 shares during the period. Tanglewood Legacy Advisors LLC purchased a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter worth $97,000. FMR LLC raised its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 139.6% in the 3rd quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after purchasing an additional 849 shares during the period. Finally, Valley National Advisers Inc. lifted its position in Schwab Fundamental U.S. Broad Market Index ETF by 165.7% during the fourth quarter. Valley National Advisers Inc. now owns 6,276 shares of the company’s stock valued at $145,000 after purchasing an additional 3,914 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Trading Down 0.1 %

Shares of NYSEARCA:FNDB opened at $24.02 on Tuesday. The stock has a 50 day moving average of $23.81 and a 200 day moving average of $23.58. The company has a market cap of $273.83 million, a PE ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a 12-month low of $20.83 and a 12-month high of $24.73.

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.