McClarren Financial Advisors Inc. Buys Shares of 1,509 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

McClarren Financial Advisors Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,509 shares of the company’s stock, valued at approximately $35,000.

A number of other hedge funds have also recently modified their holdings of FNDX. CWM LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 14.8% during the third quarter. CWM LLC now owns 8,800 shares of the company’s stock valued at $631,000 after purchasing an additional 1,135 shares in the last quarter. Creative Planning raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.7% in the third quarter. Creative Planning now owns 440,284 shares of the company’s stock worth $31,595,000 after buying an additional 7,538 shares during the period. PFG Advisors lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.9% during the 3rd quarter. PFG Advisors now owns 31,080 shares of the company’s stock valued at $2,230,000 after buying an additional 2,275 shares in the last quarter. Clearview Wealth Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 11.6% during the 3rd quarter. Clearview Wealth Advisors LLC now owns 41,846 shares of the company’s stock valued at $3,003,000 after acquiring an additional 4,350 shares during the period. Finally, Stage Harbor Financial LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 196.5% in the 3rd quarter. Stage Harbor Financial LLC now owns 180,904 shares of the company’s stock worth $12,982,000 after acquiring an additional 119,882 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.4 %

NYSEARCA FNDX opened at $24.56 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.78 and a 12 month high of $25.17. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The company’s 50 day moving average is $24.24 and its two-hundred day moving average is $23.90.

About Schwab Fundamental U.S. Large Company Index 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.