Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) is Opes Wealth Management LLC’s 6th Largest Position

Opes Wealth Management LLC increased its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 204.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 518,825 shares of the company’s stock after buying an additional 348,287 shares during the period. Schwab Fundamental U.S. Broad Market Index ETF comprises about 2.5% of Opes Wealth Management LLC’s holdings, making the stock its 6th biggest position. Opes Wealth Management LLC owned about 4.55% of Schwab Fundamental U.S. Broad Market Index ETF worth $12,068,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. Coldstream Capital Management Inc. increased its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 2.9% during the third quarter. Coldstream Capital Management Inc. now owns 19,722 shares of the company’s stock worth $1,388,000 after buying an additional 563 shares during the last quarter. Allworth Financial LP boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 269.0% during the fourth quarter. Allworth Financial LP now owns 1,107 shares of the company’s stock worth $27,000 after purchasing an additional 807 shares during the period. FMR LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 139.6% during the third quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after purchasing an additional 849 shares during the period. James Investment Research Inc. boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 6.2% during the third quarter. James Investment Research Inc. now owns 15,197 shares of the company’s stock worth $1,069,000 after purchasing an additional 891 shares during the period. Finally, Pflug Koory LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the fourth quarter. Pflug Koory LLC now owns 1,407 shares of the company’s stock worth $33,000 after purchasing an additional 938 shares during the period.

Schwab Fundamental U.S. Broad Market Index ETF Stock Down 0.0 %

Shares of NYSEARCA:FNDB opened at $24.31 on Friday. The firm has a market capitalization of $277.13 million, a PE ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a twelve month low of $20.75 and a twelve month high of $24.73. The company has a 50-day moving average price of $23.79 and a two-hundred day moving average price of $23.49.

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.