Leavell Investment Management Inc. Purchases 184,029 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Leavell Investment Management Inc. increased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 197.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 277,346 shares of the company’s stock after acquiring an additional 184,029 shares during the period. Leavell Investment Management Inc. owned about 0.12% of Schwab Fundamental U.S. Large Company Index ETF worth $6,568,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Castleview Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $32,000. Indiana Trust & Investment Management Co bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $50,000. Adirondack Trust Co. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after purchasing an additional 770 shares in the last quarter. Sound Income Strategies LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 526.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock worth $88,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Pinnacle Bancorp Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after purchasing an additional 1,093 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.3 %

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.65 on Wednesday. The firm has a market cap of $5.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock has a fifty day simple moving average of $24.25 and a two-hundred day simple moving average of $23.88. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.78 and a 12 month high of $25.17.

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.