Chevy Chase Trust Holdings LLC Sells 2,890 Shares of Schwab Fundamental U.S. Broad Market ETF $FNDB

Chevy Chase Trust Holdings LLC cut its position in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) by 17.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,505 shares of the company’s stock after selling 2,890 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Schwab Fundamental U.S. Broad Market ETF were worth $324,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FNDB. Ameritas Advisory Services LLC bought a new position in Schwab Fundamental U.S. Broad Market ETF in the second quarter valued at about $27,000. AlphaCore Capital LLC bought a new position in Schwab Fundamental U.S. Broad Market ETF in the first quarter valued at about $28,000. Larson Financial Group LLC bought a new position in Schwab Fundamental U.S. Broad Market ETF in the first quarter valued at about $44,000. Geneos Wealth Management Inc. increased its stake in shares of Schwab Fundamental U.S. Broad Market ETF by 3,140.7% in the first quarter. Geneos Wealth Management Inc. now owns 2,787 shares of the company’s stock valued at $64,000 after buying an additional 2,701 shares during the period. Finally, Parallel Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Broad Market ETF by 99.9% in the second quarter. Parallel Advisors LLC now owns 2,999 shares of the company’s stock valued at $72,000 after buying an additional 1,499 shares during the period.

Schwab Fundamental U.S. Broad Market ETF Trading Up 0.2%

Shares of FNDB stock opened at $25.93 on Wednesday. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 17.81 and a beta of 1.02. The stock has a 50-day moving average of $25.42 and a 200-day moving average of $23.99. Schwab Fundamental U.S. Broad Market ETF has a 1-year low of $19.94 and a 1-year high of $26.05.

Schwab Fundamental U.S. Broad Market ETF Company 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.