Signature Estate & Investment Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX – Free Report) by 225.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,389,148 shares of the company’s stock after purchasing an additional 7,192,613 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for 6.2% of Signature Estate & Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Signature Estate & Investment Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $246,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently modified their holdings of FNDX. IAG Wealth Partners LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock worth $26,000 after buying an additional 740 shares in the last quarter. Adirondack Trust Co. grew its position 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 acquiring an additional 770 shares in the last quarter. Pinnacle Bancorp Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after purchasing an additional 1,093 shares during the last quarter. WealthShield Partners LLC raised its stake 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 during the period. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth approximately $35,000.
Schwab Fundamental U.S. Large Company Index ETF Stock Performance
Shares of FNDX opened at $23.99 on Tuesday. The firm has a fifty day moving average of $24.30 and a 200-day moving average of $24.14. The company has a market cap of $17.59 billion, a price-to-earnings ratio of 18.62 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.
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