Opes Wealth Management LLC Purchases 268 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Opes Wealth Management LLC raised its holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 0.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 169,153 shares of the company’s stock after acquiring an additional 268 shares during the quarter. Schwab Fundamental U.S. Broad Market Index ETF accounts for about 2.3% of Opes Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Opes Wealth Management LLC owned 1.48% of Schwab Fundamental U.S. Broad Market Index ETF worth $11,093,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. KM Capital Management Ltd. bought a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 2nd quarter worth approximately $463,000. Nicholas Hoffman & Company LLC. lifted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 1.5% during the 2nd quarter. Nicholas Hoffman & Company LLC. now owns 17,795 shares of the company’s stock valued at $1,167,000 after acquiring an additional 259 shares during the last quarter. Foster & Motley Inc. boosted its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 7.5% during the 2nd quarter. Foster & Motley Inc. now owns 3,907 shares of the company’s stock worth $256,000 after acquiring an additional 272 shares in the last quarter. Cozad Asset Management Inc. grew its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 7.4% in the 2nd quarter. Cozad Asset Management Inc. now owns 11,382 shares of the company’s stock worth $746,000 after acquiring an additional 787 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 5.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 23,150 shares of the company’s stock worth $1,518,000 after acquiring an additional 1,212 shares during the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Stock Down 1.3 %

Shares of NYSEARCA FNDB opened at $67.08 on Friday. The business has a fifty day simple moving average of $67.24 and a 200-day simple moving average of $65.60. The company has a market cap of $764.71 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 12 month low of $52.39 and a 12 month high of $69.58.

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.