Darrow Company Inc. Buys 29,950 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Darrow Company Inc. raised its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 11.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,378 shares of the company’s stock after buying an additional 29,950 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for 3.5% of Darrow Company Inc.’s holdings, making the stock its 11th largest holding. Darrow Company Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $7,544,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of FNDX. Revolve Wealth Partners LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at $719,000. AQR Capital Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter valued at about $739,000. Jane Street Group LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% during the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock valued at $2,090,000 after purchasing an additional 25,267 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 4.7% in the second quarter. Parallel Advisors LLC now owns 38,176 shares of the company’s stock valued at $937,000 after buying an additional 1,719 shares during the period. Finally, Procyon Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 2nd quarter valued at approximately $267,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX opened at $28.28 on Friday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $28.36. The company’s 50 day moving average price is $27.20 and its two-hundred day moving average price is $26.21. The firm has a market capitalization of $23.08 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

About Schwab Fundamental U.S. Large Company 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.