Glass Jacobson Investment Advisors llc Has $578,000 Holdings in Schwab Fundamental U.S. Broad Market ETF $FNDB

Glass Jacobson Investment Advisors llc boosted its position in Schwab Fundamental U.S. Broad Market ETF (NYSEARCA:FNDB) by 22.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,119 shares of the company’s stock after buying an additional 4,437 shares during the period. Glass Jacobson Investment Advisors llc owned approximately 0.06% of Schwab Fundamental U.S. Broad Market ETF worth $578,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Opes Wealth Management LLC lifted its stake in shares of Schwab Fundamental U.S. Broad Market ETF by 22.3% in the 1st quarter. Opes Wealth Management LLC now owns 634,586 shares of the company’s stock valued at $14,602,000 after purchasing an additional 115,761 shares during the period. Jane Street Group LLC acquired a new position in Schwab Fundamental U.S. Broad Market ETF during the first quarter worth $1,163,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Schwab Fundamental U.S. Broad Market ETF in the 2nd quarter worth about $1,087,000. Sound Stewardship LLC boosted its stake in Schwab Fundamental U.S. Broad Market ETF by 7.8% during the 2nd quarter. Sound Stewardship LLC now owns 616,513 shares of the company’s stock valued at $14,784,000 after purchasing an additional 44,389 shares during the last quarter. Finally, BCGM Wealth Management LLC bought a new stake in Schwab Fundamental U.S. Broad Market ETF during the first quarter worth $786,000.

Schwab Fundamental U.S. Broad Market ETF Price Performance

FNDB opened at $26.11 on Friday. Schwab Fundamental U.S. Broad Market ETF has a 1 year low of $19.94 and a 1 year high of $26.19. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 17.81 and a beta of 1.02. The firm’s fifty day moving average price is $25.49 and its two-hundred day moving average price is $24.08.

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.