Welch Group LLC Grows Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Welch Group LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,536 shares of the company’s stock after purchasing an additional 13,024 shares during the quarter. Welch Group LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $462,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in FNDX. Adirondack Trust Co. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after buying an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after acquiring an additional 1,093 shares during the last quarter. Castleview Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at about $32,000. Decker Retirement Planning Inc. acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth about $36,000. Finally, Global Wealth Strategies & Associates raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock worth $41,000 after purchasing an additional 1,156 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.6 %

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.49 on Tuesday. The firm has a market cap of $5.61 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.78 and a 52 week high of $25.17. The business’s fifty day simple moving average is $24.30 and its 200-day simple moving average is $23.82.

Schwab Fundamental U.S. Large Company Index ETF Company Profile

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.