SouthState Corp Raises Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

SouthState Corp lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,310 shares of the company’s stock after acquiring an additional 5,540 shares during the quarter. SouthState Corp’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $197,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. MAI Capital Management boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 1.0% during the third quarter. MAI Capital Management now owns 105,503 shares of the company’s stock worth $7,571,000 after purchasing an additional 1,046 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth about $1,192,000. Prospera Financial Services Inc boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 9.3% in the 3rd quarter. Prospera Financial Services Inc now owns 34,170 shares of the company’s stock worth $2,452,000 after buying an additional 2,916 shares in the last quarter. Lowery Thomas LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the 3rd quarter. Lowery Thomas LLC now owns 116,638 shares of the company’s stock valued at $8,370,000 after acquiring an additional 7,865 shares during the last quarter. Finally, Howe & Rusling Inc. increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after acquiring an additional 468 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 1.2 %

Shares of FNDX opened at $23.73 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.25 and a 12-month high of $25.17. The stock has a market cap of $17.47 billion, a P/E ratio of 19.51 and a beta of 1.00. The company has a 50-day moving average of $24.30 and a two-hundred day moving average of $24.13.

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.