Ladenburg Thalmann Financial Services Inc. Has $276,000 Position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Ladenburg Thalmann Financial Services Inc. reduced its holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 57.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,117 shares of the company’s stock after selling 9,434 shares during the period. Ladenburg Thalmann Financial Services Inc. owned approximately 0.10% of Schwab Fundamental U.S. Broad Market Index ETF worth $276,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDB. Parallel Advisors LLC bought a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 2nd quarter valued at about $39,000. Signaturefd LLC boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 66.5% during the 2nd quarter. Signaturefd LLC now owns 1,202 shares of the company’s stock worth $46,000 after buying an additional 480 shares during the period. NEXT Financial Group Inc bought a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF during the 2nd quarter worth about $84,000. Advisor Group Inc. boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 10.7% during the 2nd quarter. Advisor Group Inc. now owns 4,154 shares of the company’s stock worth $161,000 after buying an additional 400 shares during the period. Finally, Wealthsource Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF during the 2nd quarter worth about $222,000.

Shares of FNDB stock traded up $0.10 during midday trading on Friday, hitting $41.08. 24,763 shares of the company were exchanged, compared to its average volume of 19,227. The firm’s 50 day moving average price is $39.38 and its two-hundred day moving average price is $38.60. Schwab Fundamental U.S. Broad Market Index ETF has a 52 week low of $31.63 and a 52 week high of $41.14.

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Institutional Ownership by Quarter for Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

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