Pflug Koory LLC Boosts Position in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Pflug Koory LLC raised its stake in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,407 shares of the company’s stock after buying an additional 938 shares during the period. Pflug Koory LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $33,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. FMR LLC boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 139.6% in the third quarter. FMR LLC now owns 1,457 shares of the company’s stock valued at $103,000 after purchasing an additional 849 shares during the period. Centaurus Financial Inc. purchased a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF in the 2nd quarter worth $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 worth $211,000. Breakwater Investment Management increased its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% during the fourth quarter. Breakwater Investment Management now owns 9,087 shares of the company’s stock valued at $211,000 after buying an additional 6,058 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 515.7% in the third quarter. Glass Jacobson Investment Advisors llc now owns 3,405 shares of the company’s stock valued at $240,000 after acquiring an additional 2,852 shares in the last quarter.

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

NYSEARCA:FNDB opened at $24.23 on Friday. The firm has a market cap of $276.22 million, a PE ratio of 17.65 and a beta of 0.86. The company has a 50-day moving average of $23.86 and a 200 day moving average of $23.29. Schwab Fundamental U.S. Broad Market Index ETF has a 1-year low of $20.37 and a 1-year high of $24.73.

Schwab Fundamental U.S. Broad Market Index ETF Company 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.