Kaizen Financial Strategies grew its holdings in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB – Free Report) by 22.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 244,801 shares of the company’s stock after buying an additional 45,463 shares during the period. Schwab Fundamental U.S. Broad Market ETF makes up 3.1% of Kaizen Financial Strategies’ holdings, making the stock its 7th biggest holding. Kaizen Financial Strategies’ holdings in Schwab Fundamental U.S. Broad Market ETF were worth $7,493,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the business. Envestnet Asset Management Inc. raised its position in shares of Schwab Fundamental U.S. Broad Market ETF by 6.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 296,599 shares of the company’s stock valued at $9,034,000 after purchasing an additional 18,829 shares during the last quarter. James Investment Research Inc. boosted its stake in Schwab Fundamental U.S. Broad Market ETF by 13.6% in the 1st quarter. James Investment Research Inc. now owns 109,943 shares of the company’s stock worth $2,990,000 after purchasing an additional 13,137 shares in the last quarter. Centurion Wealth Management LLC grew its position in Schwab Fundamental U.S. Broad Market ETF by 1.2% during the 2nd quarter. Centurion Wealth Management LLC now owns 95,380 shares of the company’s stock worth $2,905,000 after purchasing an additional 1,120 shares during the last quarter. Townsend Asset Management Corp NC ADV grew its position in Schwab Fundamental U.S. Broad Market ETF by 0.7% during the 1st quarter. Townsend Asset Management Corp NC ADV now owns 68,954 shares of the company’s stock worth $1,876,000 after purchasing an additional 448 shares during the last quarter. Finally, Founders Financial Securities LLC increased its stake in Schwab Fundamental U.S. Broad Market ETF by 7.3% during the 1st quarter. Founders Financial Securities LLC now owns 63,856 shares of the company’s stock valued at $1,798,000 after purchasing an additional 4,356 shares in the last quarter.
Schwab Fundamental U.S. Broad Market ETF Trading Up 0.2%
Shares of NYSEARCA FNDB traded up $0.06 during midday trading on Friday, reaching $31.24. The company had a trading volume of 97,436 shares, compared to its average volume of 224,121. The business’s 50-day simple moving average is $31.42 and its 200 day simple moving average is $30.24. The stock has a market cap of $1.48 billion, a P/E ratio of 17.81 and a beta of 0.88. Schwab Fundamental U.S. Broad Market ETF has a 1 year low of $25.05 and a 1 year high of $32.03.
About Schwab Fundamental U.S. Broad Market 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.
Read More
- Five stocks we like better than Schwab Fundamental U.S. Broad Market ETF
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
Want to see what other hedge funds are holding FNDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB – Free Report).
Receive News & Ratings for Schwab Fundamental U.S. Broad Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental U.S. Broad Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.
