Cozad Asset Management Inc. Raises Holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Cozad Asset Management Inc. lifted its stake in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 162.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,936 shares of the company’s stock after purchasing an additional 18,551 shares during the quarter. Cozad Asset Management Inc. owned about 0.26% of Schwab Fundamental U.S. Broad Market Index ETF worth $696,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Signaturefd LLC raised its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.1% in the fourth quarter. Signaturefd LLC now owns 2,233 shares of the company’s stock worth $52,000 after buying an additional 1,489 shares during the last quarter. Harbour Investments Inc. increased its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 201.4% in the 4th quarter. Harbour Investments Inc. now owns 7,348 shares of the company’s stock valued at $171,000 after acquiring an additional 4,910 shares during the period. Corient Private Wealth LLC raised its stake in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the 4th quarter. Corient Private Wealth LLC now owns 44,145 shares of the company’s stock worth $1,002,000 after acquiring an additional 29,428 shares during the last quarter. Blume Capital Management Inc. lifted its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 3,000 shares of the company’s stock worth $70,000 after acquiring an additional 2,000 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in Schwab Fundamental U.S. Broad Market Index ETF by 212.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 72,806 shares of the company’s stock valued at $1,693,000 after purchasing an additional 49,530 shares during the last quarter.

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

Shares of FNDB stock opened at $23.19 on Tuesday. Schwab Fundamental U.S. Broad Market Index ETF has a fifty-two week low of $20.83 and a fifty-two week high of $24.73. The firm has a market capitalization of $882.38 million, a PE ratio of 19.46 and a beta of 1.02. The stock’s 50-day simple moving average is $23.81 and its 200-day simple moving average is $23.68.

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.