Mather Group LLC. Sells 200 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Mather Group LLC. decreased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,418 shares of the company’s stock after selling 200 shares during the period. Mather Group LLC.’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $575,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Nicholas Hoffman & Company LLC. increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 128.2% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 12,722 shares of the company’s stock valued at $777,000 after purchasing an additional 7,147 shares in the last quarter. Raymond James & Associates grew its holdings 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. Sound Stewardship LLC grew its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 2.2% during the 4th quarter. Sound Stewardship LLC now owns 194,499 shares of the company’s stock worth $11,884,000 after acquiring an additional 4,224 shares during the period. Foster & Motley Inc. acquired a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the 4th quarter worth $205,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the 4th quarter worth $221,000.

Schwab Fundamental U.S. Broad Market Index ETF Stock Performance

FNDB opened at $62.96 on Thursday. The company has a fifty day moving average price of $64.27 and a two-hundred day moving average price of $60.80. Schwab Fundamental U.S. Broad Market Index ETF has a 52 week low of $52.39 and a 52 week high of $66.32. The firm has a market capitalization of $711.45 million, a PE ratio of 17.16 and a beta of 0.88.

Schwab Fundamental U.S. Broad Market Index ETF 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.