Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Sold by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC decreased its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 11.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,263 shares of the company’s stock after selling 1,741 shares during the period. SeaCrest Wealth Management LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $879,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Modera Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 3rd quarter worth approximately $34,207,000. Financial Consulate Inc. acquired a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter worth approximately $33,114,000. LPL Financial LLC grew its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 374.1% in the 3rd quarter. LPL Financial LLC now owns 81,184 shares of the company’s stock worth $4,473,000 after purchasing an additional 64,061 shares during the last quarter. Systelligence LLC grew its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 8.8% in the 4th quarter. Systelligence LLC now owns 202,133 shares of the company’s stock worth $12,350,000 after purchasing an additional 16,351 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. acquired a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter worth approximately $706,000.

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

Shares of FNDB opened at $65.80 on Thursday. The firm’s 50 day moving average is $65.20 and its 200-day moving average is $63.63. The stock has a market capitalization of $750.06 million, a P/E ratio of 17.65 and a beta of 0.86. Schwab Fundamental U.S. Broad Market Index ETF has a 12-month low of $52.39 and a 12-month high of $66.46.

About Schwab Fundamental U.S. Broad Market Index 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.