HHM Wealth Advisors LLC Trims Position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

HHM Wealth Advisors LLC trimmed its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 3.3% during the 4th quarter, Holdings Channel reports. The fund owned 42,277 shares of the company’s stock after selling 1,460 shares during the period. Schwab Fundamental U.S. Broad Market Index ETF comprises about 0.4% of HHM Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. HHM Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $2,583,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 10.0% in the 4th quarter. Raymond James & Associates now owns 26,372 shares of the company’s stock valued at $1,611,000 after buying an additional 2,390 shares in the last quarter. Nicholas Hoffman & Company LLC. boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 128.2% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 12,722 shares of the company’s stock valued at $777,000 after buying an additional 7,147 shares in the last quarter. Sound Stewardship LLC boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 2.2% in the 4th quarter. Sound Stewardship LLC now owns 194,499 shares of the company’s stock valued at $11,884,000 after buying an additional 4,224 shares in the last quarter. Foster & Motley Inc. bought a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter valued at about $205,000. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 4th quarter valued at about $221,000.

Schwab Fundamental U.S. Broad Market Index ETF Trading Up 0.3 %

Shares of NYSEARCA:FNDB traded up $0.22 during trading on Friday, reaching $63.88. The stock had a trading volume of 20,588 shares, compared to its average volume of 32,905. Schwab Fundamental U.S. Broad Market Index ETF has a one year low of $52.39 and a one year high of $66.32. The company has a market capitalization of $721.81 million, a P/E ratio of 17.16 and a beta of 0.88. The firm’s 50-day simple moving average is $64.21 and its 200 day simple moving average is $60.63.

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.