Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Reaches New 12-Month High at $66.37

Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDBGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $66.37 and last traded at $66.33, with a volume of 2970 shares traded. The stock had previously closed at $65.83.

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

The company has a fifty day simple moving average of $64.81 and a 200-day simple moving average of $63.29. The company has a market cap of $755.02 million, a P/E ratio of 17.65 and a beta of 0.86.

Hedge Funds Weigh In On Schwab Fundamental U.S. Broad Market Index ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Pineridge Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF in the fourth quarter worth approximately $93,000. Planned Solutions Inc. acquired a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the 4th quarter valued at $94,000. Kendall Capital Management purchased a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the fourth quarter valued at $200,000. Foster & Motley Inc. acquired a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the fourth quarter worth $205,000. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the fourth quarter valued at $221,000.

Schwab Fundamental U.S. Broad Market Index ETF Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Schwab Fundamental U.S. Broad Market Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental U.S. Broad Market Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.