Leonard Rickey Investment Advisors P.L.L.C. Has $4.30 Million Stake in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Leonard Rickey Investment Advisors P.L.L.C. boosted its holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 197.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 184,958 shares of the company’s stock after buying an additional 122,818 shares during the period. Schwab Fundamental U.S. Broad Market Index ETF makes up about 1.0% of Leonard Rickey Investment Advisors P.L.L.C.’s investment portfolio, making the stock its 19th biggest position. Leonard Rickey Investment Advisors P.L.L.C. owned approximately 1.62% of Schwab Fundamental U.S. Broad Market Index ETF worth $4,302,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FNDB. FMR LLC raised 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 last quarter. Centaurus Financial Inc. acquired a new stake in shares of Schwab Fundamental U.S. Broad Market Index ETF during the second quarter worth $142,000. Winthrop Advisory Group LLC bought a new stake in Schwab Fundamental U.S. Broad Market Index ETF in the third quarter valued at about $211,000. Glass Jacobson Investment Advisors llc lifted its stake in 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 buying an additional 2,852 shares during the period. Finally, Values Added Financial LLC bought a new position in Schwab Fundamental U.S. Broad Market Index ETF during the third quarter worth about $331,000.

Schwab Fundamental U.S. Broad Market Index ETF Trading Up 0.7 %

Schwab Fundamental U.S. Broad Market Index ETF stock opened at $23.90 on Tuesday. The firm has a market capitalization of $272.46 million, a P/E ratio of 17.65 and a beta of 0.86. The business has a 50-day moving average of $23.86 and a 200-day moving average of $23.26. Schwab Fundamental U.S. Broad Market Index ETF has a 1 year low of $19.89 and a 1 year high of $24.73.

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.