PFG Advisors Acquires 52,103 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

PFG Advisors boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 167.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 83,183 shares of the company’s stock after purchasing an additional 52,103 shares during the period. PFG Advisors’ holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,970,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Howe & Rusling Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after acquiring an additional 468 shares in the last quarter. Etfidea LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after acquiring an additional 473 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 4.1% during the third quarter. Nations Financial Group Inc. IA ADV now owns 16,831 shares of the company’s stock worth $1,208,000 after acquiring an additional 668 shares in the last quarter. Adirondack Trust Co. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after acquiring an additional 770 shares in the last quarter. Finally, WealthShield Partners LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after acquiring an additional 895 shares in the last quarter.

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

FNDX stock opened at $23.23 on Thursday. The business’s 50-day moving average price is $24.32 and its two-hundred day moving average price is $24.13. The firm has a market cap of $17.10 billion, a PE ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $21.25 and a 1-year high of $25.17.

Schwab Fundamental U.S. Large Company Index ETF Company 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.