Mather Group LLC. Purchases 16,400 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Mather Group LLC. increased its position in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,600 shares of the company’s stock after acquiring an additional 16,400 shares during the quarter. Mather Group LLC. owned about 0.22% of Schwab Fundamental U.S. Broad Market Index ETF worth $572,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Pflug Koory LLC raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the 4th quarter. Pflug Koory LLC now owns 1,407 shares of the company’s stock worth $33,000 after acquiring an additional 938 shares in the last quarter. FMR LLC raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 139.6% during the 3rd quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after acquiring an additional 849 shares in the last quarter. Winthrop Advisory Group LLC acquired a new position in Schwab Fundamental U.S. Broad Market Index ETF during the 3rd quarter valued at approximately $211,000. Glass Jacobson Investment Advisors llc increased its stake in Schwab Fundamental U.S. Broad Market Index ETF by 515.7% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,405 shares of the company’s stock valued at $240,000 after purchasing an additional 2,852 shares in the last quarter. Finally, Values Added Financial LLC acquired a new position in Schwab Fundamental U.S. Broad Market Index ETF during the 3rd quarter valued at approximately $331,000.

Schwab Fundamental U.S. Broad Market Index ETF Trading Up 0.4 %

Shares of Schwab Fundamental U.S. Broad Market Index ETF stock opened at $24.22 on Thursday. Schwab Fundamental U.S. Broad Market Index ETF has a 12-month low of $20.42 and a 12-month high of $24.73. The firm has a market capitalization of $276.11 million, a price-to-earnings ratio of 17.65 and a beta of 0.86. The firm’s 50 day simple moving average is $23.85 and its two-hundred day simple moving average is $23.40.

About Schwab Fundamental U.S. Broad Market Index 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.