Schwab Fundamental U.S. Broad Market Index ETF Price & Performance (FNDB)

Raymond James Financial Inc. has acquired 420,198 shares of Schwab Fundamental U.S. Broad Market Index ETF (FNDB), valued at approximately $9.77 million. This new position represents a 3.69% ownership in the ETF. Other institutional investors have also increased their stakes in FNDB, signaling growing interest in this fund.12

Raymond James Financial Inc. has invested $9.36 million in FT Vest Nasdaq-100 Buffer ETF (QJUN), acquiring 333,734 shares. This move follows similar actions by other firms, with the ETF maintaining a market cap of $478.55 million. The fund aims to balance risk through specific buffered losses and capped gains.34

The Schwab U.S. Dividend Equity ETF (SCHD) is gaining traction as a defensive investment, offering a 3.5% dividend yield and a low expense ratio of 0.06%. Its focus on blue-chip dividend stocks has delivered consistent returns, with a 189% gain over the last decade, making it appealing to risk-conscious investors.56