Cathy Pareto & Associates Inc. Invests $2.26 Million in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cathy Pareto & Associates Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the 4th quarter, Holdings Channel.com reports. The firm bought 95,222 shares of the company’s stock, valued at approximately $2,255,000. Schwab Fundamental U.S. Large Company Index ETF makes up 2.1% of Cathy Pareto & Associates Inc.’s holdings, making the stock its 16th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FNDX. Castleview Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $32,000. Indiana Trust & Investment Management Co purchased a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth approximately $50,000. Marquette Asset Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth $71,000. Adirondack Trust Co. grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after purchasing an additional 770 shares in the last quarter. Finally, Sound Income Strategies LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 526.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock worth $88,000 after acquiring an additional 1,032 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.1 %

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.68 on Monday. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.72 and a 52-week high of $25.17. The firm’s fifty day moving average is $24.29 and its 200 day moving average is $23.75.

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.