First National Corp MA ADV Purchases 58,146 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

First National Corp MA ADV lifted its position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 215.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 85,090 shares of the company’s stock after buying an additional 58,146 shares during the period. First National Corp MA ADV owned about 0.75% of Schwab Fundamental U.S. Broad Market Index ETF worth $1,979,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FNDB. Sound Stewardship LLC lifted its position in Schwab Fundamental U.S. Broad Market Index ETF by 194.0% in the 4th quarter. Sound Stewardship LLC now owns 582,573 shares of the company’s stock valued at $13,551,000 after acquiring an additional 384,414 shares in the last quarter. Financial Consulate Inc. lifted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 0.8% during the third quarter. Financial Consulate Inc. now owns 553,625 shares of the company’s stock valued at $38,959,000 after purchasing an additional 4,435 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 1.3% during the third quarter. HighTower Advisors LLC now owns 220,509 shares of the company’s stock valued at $15,518,000 after buying an additional 2,903 shares during the last quarter. Systelligence LLC increased its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 1.6% in the 3rd quarter. Systelligence LLC now owns 201,315 shares of the company’s stock worth $14,167,000 after buying an additional 3,213 shares in the last quarter. Finally, Guardian Financial Partners LLC raised its position in Schwab Fundamental U.S. Broad Market Index ETF by 195.6% in the 4th quarter. Guardian Financial Partners LLC now owns 186,822 shares of the company’s stock worth $4,345,000 after buying an additional 123,623 shares during the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Stock Down 0.9 %

Shares of NYSEARCA FNDB opened at $24.01 on Monday. The firm’s 50-day moving average price is $23.83 and its 200-day moving average price is $23.43. Schwab Fundamental U.S. Broad Market Index ETF has a 52-week low of $20.42 and a 52-week high of $24.73. The company has a market cap of $273.71 million, a PE ratio of 17.65 and a beta of 0.86.

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.