Creative Planning lifted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB – Free Report) by 19.4% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,415 shares of the company’s stock after buying an additional 1,529 shares during the period. Creative Planning owned about 0.10% of Schwab Fundamental U.S. Broad Market Index ETF worth $534,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of FNDB. Envestnet Asset Management Inc. raised its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 7.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,858 shares of the company’s stock worth $223,000 after buying an additional 265 shares in the last quarter. Raymond James & Associates acquired a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the 1st quarter worth $594,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 13.4% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,514 shares of the company’s stock worth $318,000 after buying an additional 650 shares in the last quarter. Flow Traders U.S. LLC raised its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 63.4% during the 1st quarter. Flow Traders U.S. LLC now owns 28,159 shares of the company’s stock worth $1,626,000 after buying an additional 10,921 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 17.4% during the 1st quarter. UBS Group AG now owns 68,862 shares of the company’s stock worth $3,977,000 after buying an additional 10,185 shares in the last quarter.
Schwab Fundamental U.S. Broad Market Index ETF Stock Down 1.2 %
Shares of FNDB stock opened at $55.03 on Thursday. The firm has a market capitalization of $511.78 million, a P/E ratio of 15.75 and a beta of 1.02. Schwab Fundamental U.S. Broad Market Index ETF has a twelve month low of $49.09 and a twelve month high of $59.10. The stock’s fifty day simple moving average is $56.25 and its 200 day simple moving average is $55.77.
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.
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