Wade Financial Advisory Inc Has $1.07 Million Position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Wade Financial Advisory Inc lifted its stake in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,158 shares of the company’s stock after acquiring an additional 30,772 shares during the quarter. Wade Financial Advisory Inc’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $1,074,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Pflug Koory LLC raised its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the fourth quarter. Pflug Koory LLC now owns 1,407 shares of the company’s stock valued at $33,000 after acquiring an additional 938 shares in the last quarter. FMR LLC increased its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 139.6% during the 3rd quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after purchasing an additional 849 shares during the last quarter. Centaurus Financial Inc. bought a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the 2nd quarter valued at $142,000. Winthrop Advisory Group LLC bought a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the 3rd quarter valued at $211,000. Finally, Glass Jacobson Investment Advisors llc lifted its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 515.7% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,405 shares of the company’s stock valued at $240,000 after purchasing an additional 2,852 shares during the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Price Performance

Schwab Fundamental U.S. Broad Market Index ETF stock opened at $24.21 on Wednesday. Schwab Fundamental U.S. Broad Market Index ETF has a one year low of $20.37 and a one year high of $24.73. The company’s fifty day moving average price is $23.87 and its two-hundred day moving average price is $23.33. The company has a market capitalization of $275.99 million, a price-to-earnings 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.