Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stake Increased by Glassman Wealth Services

Glassman Wealth Services boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 4,514,762 shares of the company’s stock after purchasing an additional 3,014,069 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises about 18.0% of Glassman Wealth Services’ holdings, making the stock its 2nd biggest holding. Glassman Wealth Services owned 1.97% of Schwab Fundamental U.S. Large Company Index ETF worth $106,910,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Adirondack Trust Co. boosted its holdings in shares of 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 valued at $27,000 after acquiring an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in shares of 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 valued at $30,000 after acquiring an additional 1,093 shares during the last quarter. WealthShield Partners LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after acquiring an additional 895 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at about $35,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at about $36,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 1.4 %

Shares of NYSEARCA FNDX opened at $24.63 on Friday. The firm’s 50-day moving average price is $24.33 and its 200-day moving average price is $24.08. The company has a market cap of $5.64 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $21.25 and a 52-week 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.