Prairiewood Capital LLC Has $32.44 Million Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Prairiewood Capital LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 210.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,370,117 shares of the company’s stock after purchasing an additional 929,006 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 13.9% of Prairiewood Capital LLC’s holdings, making the stock its 2nd biggest position. Prairiewood Capital LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $32,444,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brookstone Capital Management lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the fourth quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock valued at $460,000 after purchasing an additional 12,884 shares in the last quarter. Destination Wealth Management purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at about $209,000. Stifel Financial Corp grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after acquiring an additional 2,834 shares during the period. Peapack Gladstone Financial Corp increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock worth $6,585,000 after acquiring an additional 2,490 shares in the last quarter. Finally, Synovus Financial Corp raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 92.6% during the 3rd quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock worth $8,514,000 after acquiring an additional 57,059 shares during the period.

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

FNDX opened at $24.37 on Tuesday. The company has a 50 day simple moving average of $24.29 and a two-hundred day simple moving average of $23.69. The firm has a market cap of $5.58 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $20.22 and a 1-year high of $25.17.

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.