Strategic Financial Concepts LLC Makes New Investment in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Strategic Financial Concepts LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDXFree Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 97,538 shares of the company’s stock, valued at approximately $2,310,000.

Other hedge funds have also made changes to their positions in the company. Castleview Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at $32,000. Indiana Trust & Investment Management Co acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth $50,000. Adirondack Trust Co. grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after acquiring an additional 770 shares in the last quarter. Sound Income Strategies LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 526.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock worth $88,000 after acquiring an additional 1,032 shares in the last quarter. Finally, Pinnacle Bancorp Inc. grew its holdings in 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 worth $30,000 after acquiring an additional 1,093 shares in the last quarter.

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

NYSEARCA FNDX opened at $24.57 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $20.78 and a one year high of $25.17. The company has a 50-day simple moving average of $24.26 and a 200-day simple moving average of $23.87. The firm has a market capitalization of $5.63 billion, a PE ratio of 17.79 and a beta of 0.84.

About Schwab Fundamental U.S. Large Company Index ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FNDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDXFree Report).

Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

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