Moller Wealth Partners Purchases 502,033 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Moller Wealth Partners boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 189.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 766,515 shares of the company’s stock after buying an additional 502,033 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises 4.8% of Moller Wealth Partners’ portfolio, making the stock its 7th biggest holding. Moller Wealth Partners’ holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $18,151,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FNDX. Cornerstone Planning Group LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth about $93,978,000. Financial Strategies Group Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 202.2% in the third quarter. Financial Strategies Group Inc. now owns 843,310 shares of the company’s stock valued at $60,516,000 after purchasing an additional 564,270 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock valued at $229,383,000 after purchasing an additional 501,854 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after acquiring an additional 313,382 shares during the last quarter. Finally, Allen Wealth Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at about $22,442,000.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.2 %

Schwab Fundamental U.S. Large Company Index ETF stock traded up $0.05 during midday trading on Tuesday, hitting $23.92. 407,243 shares of the stock were exchanged, compared to its average volume of 1,511,836. The stock’s 50-day simple moving average is $24.33 and its 200 day simple moving average is $23.58. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.21 and a fifty-two week high of $25.17. The stock has a market capitalization of $5.48 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.