Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) Shares Bought by Wade Financial Advisory Inc

Wade Financial Advisory Inc lifted its position in shares of Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 200.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,158 shares of the company’s stock after purchasing an additional 30,772 shares during the period. Wade Financial Advisory Inc owned about 0.40% of Schwab Fundamental U.S. Broad Market Index ETF worth $1,074,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Stifel Financial Corp grew its position in Schwab Fundamental U.S. Broad Market Index ETF by 24.0% during the 3rd quarter. Stifel Financial Corp now owns 4,895 shares of the company’s stock worth $344,000 after purchasing an additional 946 shares during the last quarter. FMR LLC grew its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 139.6% during the third quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after buying an additional 849 shares during the last quarter. Brightwater Advisory LLC purchased a new position in shares of Schwab Fundamental U.S. Broad Market Index ETF during the second quarter worth about $7,393,000. HB Wealth Management LLC increased its position in Schwab Fundamental U.S. Broad Market Index ETF by 200.0% in the 4th quarter. HB Wealth Management LLC now owns 37,863 shares of the company’s stock valued at $881,000 after acquiring an additional 25,242 shares during the period. Finally, GSG Advisors LLC raised its stake in Schwab Fundamental U.S. Broad Market Index ETF by 201.0% during the 4th quarter. GSG Advisors LLC now owns 42,142 shares of the company’s stock valued at $980,000 after acquiring an additional 28,143 shares during the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Trading Down 0.2 %

NYSEARCA:FNDB opened at $24.21 on Wednesday. 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 stock’s 50 day simple moving average is $23.87 and its 200-day simple moving average is $23.33. The firm has a market cap of $275.99 million, a P/E 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.