BFI Wealth Solutions LLC Makes New $508,000 Investment in Schwab Fundamental U.S. Broad Market ETF $FNDB

BFI Wealth Solutions LLC acquired a new stake in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 19,135 shares of the company’s stock, valued at approximately $508,000.

A number of other institutional investors and hedge funds have also made changes to their positions in FNDB. Mercer Global Advisors Inc. ADV increased its position in shares of Schwab Fundamental U.S. Broad Market ETF by 4.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 9,974 shares of the company’s stock valued at $265,000 after buying an additional 458 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Schwab Fundamental U.S. Broad Market ETF by 237.8% during the 4th quarter. AQR Capital Management LLC now owns 55,344 shares of the company’s stock valued at $1,470,000 after buying an additional 38,959 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Schwab Fundamental U.S. Broad Market ETF by 10.0% during the 4th quarter. Cetera Investment Advisers now owns 45,609 shares of the company’s stock valued at $1,212,000 after buying an additional 4,149 shares in the last quarter. Osaic Holdings Inc. grew its stake in Schwab Fundamental U.S. Broad Market ETF by 34.0% in the 4th quarter. Osaic Holdings Inc. now owns 130,753 shares of the company’s stock valued at $3,474,000 after acquiring an additional 33,145 shares during the period. Finally, Captrust Financial Advisors grew its stake in Schwab Fundamental U.S. Broad Market ETF by 2.0% in the 4th quarter. Captrust Financial Advisors now owns 56,816 shares of the company’s stock valued at $1,510,000 after acquiring an additional 1,107 shares during the period.

Schwab Fundamental U.S. Broad Market ETF Stock Performance

Shares of NYSEARCA FNDB opened at $30.37 on Friday. The firm has a market cap of $1.30 billion, a PE ratio of 17.81 and a beta of 0.88. The firm has a fifty day moving average of $29.56 and a 200 day moving average of $28.17. Schwab Fundamental U.S. Broad Market ETF has a one year low of $23.34 and a one year high of $30.86.

About Schwab Fundamental U.S. Broad Market 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.