Pennsylvania Capital Management Inc. ADV Has $4.41 Million Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Pennsylvania Capital Management Inc. ADV raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 250.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 186,223 shares of the company’s stock after buying an additional 133,109 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for about 1.5% of Pennsylvania Capital Management Inc. ADV’s portfolio, making the stock its 14th largest position. Pennsylvania Capital Management Inc. ADV owned approximately 0.08% of Schwab Fundamental U.S. Large Company Index ETF worth $4,410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNDX. Bruce G. Allen Investments LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.3% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock valued at $8,101,000 after buying an additional 288 shares in the last quarter. Castleview Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth about $32,000. Howe & Rusling Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after purchasing an additional 468 shares during the period. Etfidea LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after purchasing an additional 473 shares in the last quarter. Finally, Godsey & Gibb Inc. grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 28.6% in the 3rd quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock valued at $165,000 after purchasing an additional 512 shares during the period.

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

NYSEARCA FNDX opened at $24.49 on Tuesday. The stock has a market cap of $5.61 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The business has a 50 day simple moving average of $24.30 and a 200 day simple moving average of $23.82. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.78 and a 52-week high of $25.17.

About Schwab Fundamental U.S. Large Company Index ETF

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.