Ackerman Capital Advisors LLC Has $280,000 Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Ackerman Capital Advisors LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 139.1% in the fourth quarter, HoldingsChannel reports. The firm owned 11,822 shares of the company’s stock after purchasing an additional 6,878 shares during the quarter. Ackerman Capital Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Adirondack Trust Co. grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after purchasing an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. lifted its holdings in 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 worth $30,000 after purchasing an additional 1,093 shares during the last quarter. WealthShield Partners LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after purchasing an additional 895 shares during the period. McClarren Financial Advisors Inc. acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at $35,000. Finally, Decker Retirement Planning Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth $36,000.

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

FNDX opened at $24.54 on Wednesday. The stock has a fifty day moving average of $24.28 and a 200-day moving average of $24.05. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17. The company has a market capitalization of $5.62 billion, a P/E ratio of 17.79 and a beta of 0.84.

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.