Red Door Wealth Management LLC Purchases Shares of 10,301 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Red Door Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,301 shares of the company’s stock, valued at approximately $244,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bruce G. Allen Investments LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.3% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock valued at $8,101,000 after purchasing an additional 288 shares during the last quarter. Castleview Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $32,000. Howe & Rusling Inc. boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after acquiring an additional 468 shares during the last quarter. Etfidea LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after acquiring an additional 473 shares during the period. Finally, Godsey & Gibb Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 28.6% during the third quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock worth $165,000 after acquiring an additional 512 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.68 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.72 and a 12 month high of $25.17. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock’s 50-day moving average is $24.29 and its 200-day moving average is $23.73.

Schwab Fundamental U.S. Large Company Index ETF 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.