Foster Group Inc. Grows Holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Foster Group Inc. increased its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 183.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,741 shares of the company’s stock after buying an additional 39,306 shares during the period. Foster Group Inc.’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $1,413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FNDB. Creative Planning boosted its stake in Schwab Fundamental U.S. Broad Market Index ETF by 4.7% during the second quarter. Creative Planning now owns 14,445 shares of the company’s stock worth $947,000 after buying an additional 653 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Schwab Fundamental U.S. Broad Market Index ETF during the 2nd quarter valued at about $653,000. Brightwater Advisory LLC acquired a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the 2nd quarter worth approximately $7,393,000. Centaurus Financial Inc. purchased a new position in Schwab Fundamental U.S. Broad Market Index ETF in the second quarter valued at $142,000. Finally, First National Corp MA ADV increased its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 11.3% during the third quarter. First National Corp MA ADV now owns 26,944 shares of the company’s stock worth $1,896,000 after buying an additional 2,745 shares during the period.

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

Shares of NYSEARCA FNDB opened at $24.21 on Wednesday. The business has a 50-day moving average of $23.87 and a two-hundred day moving average of $23.33. Schwab Fundamental U.S. Broad Market Index ETF has a 1 year low of $20.37 and a 1 year high of $24.73. The company has a market capitalization of $275.99 million, a price-to-earnings ratio of 17.65 and a beta of 0.86.

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.