Mather Group LLC. Has $565,000 Stock Holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Mather Group LLC. cut its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 9.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,527 shares of the company’s stock after selling 891 shares during the period. Mather Group LLC.’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $565,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of FNDB. Nicholas Hoffman & Company LLC. increased its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 128.2% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 12,722 shares of the company’s stock worth $777,000 after purchasing an additional 7,147 shares during the period. Raymond James & Associates increased its stake in Schwab Fundamental U.S. Broad Market Index ETF by 10.0% during the 4th quarter. Raymond James & Associates now owns 26,372 shares of the company’s stock worth $1,611,000 after acquiring an additional 2,390 shares during the period. Foster & Motley Inc. acquired a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter valued at $205,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 9.0% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 133,709 shares of the company’s stock valued at $8,170,000 after purchasing an additional 10,989 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter valued at $293,000.

Schwab Fundamental U.S. Broad Market Index ETF Stock Up 1.0 %

Shares of FNDB stock traded up $0.65 during trading hours on Tuesday, reaching $64.82. The company’s stock had a trading volume of 36,817 shares, compared to its average volume of 29,937. The firm’s 50 day simple moving average is $66.19 and its 200-day simple moving average is $64.68. The company has a market capitalization of $738.95 million, a price-to-earnings ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a fifty-two week low of $52.39 and a fifty-two week high of $68.84.

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.