Marble Wealth LLC Takes Position in Schwab Fundamental U.S. Broad Market ETF $FNDB

Marble Wealth LLC purchased a new position in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 31,538 shares of the company’s stock, valued at approximately $838,000. Marble Wealth LLC owned approximately 0.08% of Schwab Fundamental U.S. Broad Market ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Sunbelt Securities Inc. purchased a new stake in Schwab Fundamental U.S. Broad Market ETF in the 3rd quarter worth $26,000. AE Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Broad Market ETF in the 3rd quarter worth $29,000. Geneos Wealth Management Inc. increased its stake in Schwab Fundamental U.S. Broad Market ETF by 3,140.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,787 shares of the company’s stock worth $64,000 after buying an additional 2,701 shares in the last quarter. Larson Financial Group LLC increased its stake in Schwab Fundamental U.S. Broad Market ETF by 23.5% in the 3rd quarter. Larson Financial Group LLC now owns 3,088 shares of the company’s stock worth $79,000 after buying an additional 588 shares in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new stake in Schwab Fundamental U.S. Broad Market ETF in the 4th quarter worth $86,000.

Schwab Fundamental U.S. Broad Market ETF Stock Performance

Shares of FNDB stock opened at $30.30 on Thursday. Schwab Fundamental U.S. Broad Market ETF has a 52-week low of $23.12 and a 52-week high of $30.40. The firm has a market capitalization of $1.29 billion, a PE ratio of 17.81 and a beta of 0.88. The stock has a fifty day simple moving average of $28.87 and a two-hundred day simple moving average of $27.82.

Schwab Fundamental U.S. Broad Market 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.