Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Charles Schwab Trust Co

Charles Schwab Trust Co raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,708,289 shares of the company’s stock after purchasing an additional 1,809,709 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 5.5% of Charles Schwab Trust Co’s holdings, making the stock its 5th biggest holding. Charles Schwab Trust Co’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $64,132,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Gemmer Asset Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 213.1% during the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock worth $58,581,000 after purchasing an additional 1,683,829 shares during the period. Cornerstone Planning Group LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $93,978,000. Leonard Rickey Investment Advisors P.L.L.C. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.5% in the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,391,443 shares of the company’s stock worth $32,949,000 after acquiring an additional 935,959 shares in the last quarter. Prairiewood Capital LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 210.6% in the fourth quarter. Prairiewood Capital LLC now owns 1,370,117 shares of the company’s stock worth $32,444,000 after acquiring an additional 929,006 shares in the last quarter. Finally, Financial Strategies Group Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 202.2% in the 3rd quarter. Financial Strategies Group Inc. now owns 843,310 shares of the company’s stock valued at $60,516,000 after acquiring an additional 564,270 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.8 %

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.37 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.22 and a twelve month high of $25.17. The stock has a market cap of $5.58 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The company has a fifty day moving average price of $24.29 and a 200 day moving average price of $23.69.

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.