Sigma Planning Corp Acquires 274,441 Shares of Schwab Fundamental U.S. Broad Market ETF $FNDB

Sigma Planning Corp bought a new position in shares of Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 274,441 shares of the company’s stock, valued at approximately $8,401,000. Sigma Planning Corp owned approximately 0.58% of Schwab Fundamental U.S. Broad Market ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Valley National Advisers Inc. bought a new position in Schwab Fundamental U.S. Broad Market ETF during the third quarter worth about $190,000. Signaturefd LLC acquired a new stake in Schwab Fundamental U.S. Broad Market ETF in the 3rd quarter worth about $71,000. James Investment Research Inc. boosted its holdings in Schwab Fundamental U.S. Broad Market ETF by 1.6% in the 3rd quarter. James Investment Research Inc. now owns 130,709 shares of the company’s stock valued at $4,001,000 after purchasing an additional 2,120 shares during the period. BIP Wealth LLC boosted its holdings in Schwab Fundamental U.S. Broad Market ETF by 8.5% in the 3rd quarter. BIP Wealth LLC now owns 51,733 shares of the company’s stock valued at $1,584,000 after purchasing an additional 4,058 shares during the period. Finally, SeaCrest Wealth Management LLC boosted its holdings in Schwab Fundamental U.S. Broad Market ETF by 0.9% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 61,681 shares of the company’s stock valued at $1,888,000 after purchasing an additional 548 shares during the period.

Schwab Fundamental U.S. Broad Market ETF Price Performance

Shares of NYSEARCA:FNDB opened at $31.67 on Monday. The company’s 50 day moving average price is $31.42 and its two-hundred day moving average price is $30.58. Schwab Fundamental U.S. Broad Market ETF has a 12-month low of $25.21 and a 12-month high of $32.03. The firm has a market cap of $1.50 billion, a PE ratio of 17.81 and a beta of 0.88.

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.