Alpha Omega Wealth Management LLC Boosts Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Alpha Omega Wealth Management LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 226.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,137 shares of the company’s stock after purchasing an additional 27,141 shares during the period. Alpha Omega Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $927,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Brookstone Capital Management increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% in the fourth quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock valued at $460,000 after buying an additional 12,884 shares in the last quarter. Destination Wealth Management acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at $209,000. 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. Stifel Financial Corp raised its position in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after acquiring an additional 2,834 shares during the period. Finally, Synovus Financial Corp lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 92.6% during the third quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock valued at $8,514,000 after purchasing an additional 57,059 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.7 %

FNDX stock opened at $24.63 on Friday. 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 has a 50-day simple moving average of $24.31 and a 200-day simple moving average of $23.80. The stock has a market capitalization of $5.64 billion, a P/E 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.