Mezzasalma Advisors LLC Buys 1,574 Shares of Schwab Fundamental U.S. Broad Market ETF $FNDB

Mezzasalma Advisors LLC increased its stake in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) by 1.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 144,666 shares of the company’s stock after buying an additional 1,574 shares during the period. Schwab Fundamental U.S. Broad Market ETF comprises 1.0% of Mezzasalma Advisors LLC’s holdings, making the stock its 24th largest position. Mezzasalma Advisors LLC’s holdings in Schwab Fundamental U.S. Broad Market ETF were worth $3,469,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Avant Capital LLC lifted its holdings in shares of Schwab Fundamental U.S. Broad Market ETF by 7.2% during the 1st quarter. Avant Capital LLC now owns 21,026 shares of the company’s stock valued at $484,000 after buying an additional 1,404 shares during the period. Avantax Advisory Services Inc. increased its position in Schwab Fundamental U.S. Broad Market ETF by 55.6% during the first quarter. Avantax Advisory Services Inc. now owns 20,656 shares of the company’s stock valued at $475,000 after acquiring an additional 7,378 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Schwab Fundamental U.S. Broad Market ETF by 6.1% in the first quarter. Raymond James Financial Inc. now owns 445,799 shares of the company’s stock valued at $10,258,000 after acquiring an additional 25,602 shares during the period. Modern Wealth Management LLC bought a new position in Schwab Fundamental U.S. Broad Market ETF in the first quarter valued at about $276,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Schwab Fundamental U.S. Broad Market ETF in the second quarter worth about $1,087,000.

Schwab Fundamental U.S. Broad Market ETF Stock Up 0.6%

Schwab Fundamental U.S. Broad Market ETF stock opened at $25.58 on Friday. Schwab Fundamental U.S. Broad Market ETF has a 52-week low of $19.94 and a 52-week high of $26.05. The company has a market cap of $1.00 billion, a P/E ratio of 17.81 and a beta of 1.02. The business has a 50-day simple moving average of $25.36 and a two-hundred day simple moving average of $23.93.

Schwab Fundamental U.S. Broad Market 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.