Adero Partners LLC Purchases 10,030 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Adero Partners LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 198.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,091 shares of the company’s stock after purchasing an additional 10,030 shares during the period. Adero Partners LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $357,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Truist Financial Corp increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 4.7% in the second quarter. Truist Financial Corp now owns 33,067 shares of the company’s stock valued at $2,215,000 after acquiring an additional 1,483 shares during the last quarter. Marquette Asset Management LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $71,000. WealthCare Investment Partners LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 79.8% in the 3rd quarter. WealthCare Investment Partners LLC now owns 32,956 shares of the company’s stock worth $2,343,000 after purchasing an additional 14,631 shares during the period. Sovereign Financial Group Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 10.7% during the 3rd quarter. Sovereign Financial Group Inc. now owns 11,567 shares of the company’s stock valued at $830,000 after purchasing an additional 1,120 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 23.1% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,577 shares of the company’s stock valued at $687,000 after buying an additional 1,795 shares during the period.

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

FNDX stock opened at $24.69 on Thursday. The firm has a 50-day moving average of $24.28 and a 200 day moving average of $23.84. The company has a market cap of $5.65 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.78 and a 1 year high of $25.17.

About Schwab Fundamental U.S. Large Company Index ETF

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.