Santori & Peters Inc. Makes New Investment in Schwab Fundamental U.S. Broad Market ETF $FNDB

Santori & Peters Inc. acquired a new stake in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 94,538 shares of the company’s stock, valued at approximately $2,894,000. Schwab Fundamental U.S. Broad Market ETF makes up 0.8% of Santori & Peters Inc.’s holdings, making the stock its 14th biggest holding. Santori & Peters Inc. owned 0.20% of Schwab Fundamental U.S. Broad Market ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FNDB. Sigma Planning Corp acquired a new position in Schwab Fundamental U.S. Broad Market ETF during the third quarter worth $8,401,000. Carnegie Investment Counsel acquired a new position in Schwab Fundamental U.S. Broad Market ETF during the 3rd quarter worth approximately $3,164,000. Quantinno Capital Management LP purchased a new stake in Schwab Fundamental U.S. Broad Market ETF during the first quarter worth approximately $1,386,000. Kaizen Financial Strategies grew its position in shares of Schwab Fundamental U.S. Broad Market ETF by 22.8% in the 3rd quarter. Kaizen Financial Strategies now owns 244,801 shares of the company’s stock valued at $7,493,000 after buying an additional 45,463 shares during the last quarter. Finally, Quadrant Capital Group LLC purchased a new stake in shares of Schwab Fundamental U.S. Broad Market ETF in the 3rd quarter valued at about $1,382,000.

Schwab Fundamental U.S. Broad Market ETF Trading Up 0.2%

Shares of FNDB opened at $31.73 on Tuesday. The company’s 50 day simple moving average is $31.42 and its 200-day simple moving average is $29.69. Schwab Fundamental U.S. Broad Market ETF has a 12-month low of $25.21 and a 12-month high of $32.03. The firm has a market cap of $1.50 billion, a PE ratio of 17.81 and a beta of 0.88.

Schwab Fundamental U.S. Broad Market ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB)

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