Highline Wealth Partners LLC Purchases 149,338 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Highline Wealth Partners LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 375.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 189,158 shares of the company’s stock after purchasing an additional 149,338 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 1.5% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 19th biggest position. Highline Wealth Partners LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $4,479,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FNDX. Cornerstone Planning Group LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at $93,978,000. Financial Strategies Group Inc. lifted its position 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 worth $60,516,000 after buying an additional 564,270 shares during the last quarter. Moller Wealth Partners boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 189.8% during the 4th quarter. Moller Wealth Partners now owns 766,515 shares of the company’s stock worth $18,151,000 after acquiring an additional 502,033 shares in 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% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock valued at $229,383,000 after acquiring an additional 501,854 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in 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 in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.9 %

Schwab Fundamental U.S. Large Company Index ETF stock traded down $0.22 during trading hours on Friday, reaching $23.57. 1,628,324 shares of the company were exchanged, compared to its average volume of 1,824,126. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.21 and a 12 month high of $25.17. The stock has a 50-day moving average of $24.33 and a 200 day moving average of $23.59. The firm has a market cap of $5.40 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.