Charles Schwab Trust Co Purchases 57,710 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Charles Schwab Trust Co grew its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,109,768 shares of the company’s stock after purchasing an additional 57,710 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up about 5.6% of Charles Schwab Trust Co’s portfolio, making the stock its 4th biggest holding. Charles Schwab Trust Co owned 0.38% of Schwab Fundamental U.S. Large Company ETF worth $84,617,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Breakwater Capital Group boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 126.9% during the fourth quarter. Breakwater Capital Group now owns 268,056 shares of the company’s stock worth $7,294,000 after buying an additional 149,914 shares in the last quarter. Affinity Capital Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at $205,000. Tactive Advisors LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at $431,000. Independence Wealth Advisors LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $294,000. Finally, Adirondack Trust Co. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 47.4% in the fourth quarter. Adirondack Trust Co. now owns 3,572 shares of the company’s stock worth $97,000 after acquiring an additional 1,149 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Down 1.1%

FNDX stock opened at $27.51 on Monday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $29.37. The firm has a market cap of $22.79 billion, a P/E ratio of 17.86 and a beta of 0.93. The company’s 50-day simple moving average is $28.50 and its 200-day simple moving average is $27.34.

Schwab Fundamental U.S. Large Company 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.