Pflug Koory LLC Acquires 938 Shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Pflug Koory LLC boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,407 shares of the company’s stock after buying an additional 938 shares during the quarter. 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 and other institutional investors have also added to or reduced their stakes in the company. FMR LLC grew its position 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 valued at $103,000 after acquiring an additional 849 shares during the period. Centaurus Financial Inc. bought a new stake in Schwab Fundamental U.S. Broad Market Index ETF during the second quarter valued at about $142,000. Winthrop Advisory Group LLC purchased a new stake in Schwab Fundamental U.S. Broad Market Index ETF in the third quarter worth about $211,000. Breakwater Investment Management raised its stake in shares of Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the fourth quarter. Breakwater Investment Management now owns 9,087 shares of the company’s stock worth $211,000 after buying an additional 6,058 shares during the period. Finally, Glass Jacobson Investment Advisors llc lifted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF by 515.7% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,405 shares of the company’s stock valued at $240,000 after buying an additional 2,852 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Trading Down 0.0 %

Shares of NYSEARCA:FNDB opened at $24.23 on Friday. Schwab Fundamental U.S. Broad Market Index ETF has a 12-month low of $20.37 and a 12-month high of $24.73. The company has a market cap of $276.22 million, a PE ratio of 17.65 and a beta of 0.86. The stock has a 50 day moving average of $23.86 and a 200 day moving average of $23.29.

About Schwab Fundamental U.S. Broad Market Index ETF

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.