Glass Jacobson Investment Advisors llc Buys 4,437 Shares of Schwab Fundamental U.S. Broad Market ETF $FNDB

Glass Jacobson Investment Advisors llc raised its stake in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) by 22.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,119 shares of the company’s stock after acquiring an additional 4,437 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in Schwab Fundamental U.S. Broad Market ETF were worth $578,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of FNDB. Valley National Advisers Inc. increased its position in Schwab Fundamental U.S. Broad Market ETF by 28.0% in the first quarter. Valley National Advisers Inc. now owns 8,031 shares of the company’s stock worth $184,000 after buying an additional 1,755 shares during the last quarter. Resonant Capital Advisors LLC increased its holdings in Schwab Fundamental U.S. Broad Market ETF by 5.2% during the 1st quarter. Resonant Capital Advisors LLC now owns 88,490 shares of the company’s stock worth $2,036,000 after acquiring an additional 4,345 shares during the period. Values Added Financial LLC boosted its holdings in Schwab Fundamental U.S. Broad Market ETF by 8.5% in the 1st quarter. Values Added Financial LLC now owns 49,678 shares of the company’s stock valued at $1,143,000 after purchasing an additional 3,900 shares during the period. Capital Investment Advisory Services LLC grew its position in shares of Schwab Fundamental U.S. Broad Market ETF by 4.9% during the 1st quarter. Capital Investment Advisory Services LLC now owns 17,549 shares of the company’s stock valued at $404,000 after purchasing an additional 824 shares in the last quarter. Finally, Family Capital Management Inc. bought a new position in shares of Schwab Fundamental U.S. Broad Market ETF in the first quarter worth $456,000.

Schwab Fundamental U.S. Broad Market ETF Stock Performance

NYSEARCA:FNDB opened at $26.11 on Friday. Schwab Fundamental U.S. Broad Market ETF has a 52-week low of $19.94 and a 52-week high of $26.19. The stock has a fifty day moving average of $25.49 and a 200 day moving average of $24.08. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 17.81 and a beta of 1.02.

About Schwab Fundamental U.S. Broad Market 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.