Signaturefd LLC Purchases 423 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Signaturefd LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,315 shares of the company’s stock after buying an additional 423 shares during the quarter. Signaturefd LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,026,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FNDX. Geneos Wealth Management Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 276.0% during the first quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares during the period. Able Wealth Management LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $28,000. Palisade Asset Management LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the first quarter worth $30,000. Johnson Financial Group Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 262.2% during the fourth quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock worth $33,000 after purchasing an additional 388 shares during the period. Finally, Tidemark LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $36,000.

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

FNDX stock traded up $0.62 during midday trading on Friday, reaching $70.84. 279,115 shares of the company were exchanged, compared to its average volume of 472,726. The business has a 50-day moving average price of $68.27 and a two-hundred day moving average price of $66.62. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $53.32 and a one year high of $70.91. The firm has a market capitalization of $16.22 billion, a price-to-earnings 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.