Mezzasalma Advisors LLC Grows Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Mezzasalma Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 282.9% during the fourth quarter, Holdings Channel reports. The fund owned 46,833 shares of the company’s stock after acquiring an additional 34,602 shares during the quarter. Mezzasalma Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,109,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% in the 4th quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after buying an additional 12,884 shares during the period. Destination Wealth Management purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth about $209,000. Peapack Gladstone Financial Corp increased its position in Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock worth $6,585,000 after purchasing an additional 2,490 shares in the last quarter. Stifel Financial Corp raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 38.1% in the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after buying an additional 2,834 shares during the period. Finally, Synovus Financial Corp lifted its position 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 buying an additional 57,059 shares in the last quarter.

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

Shares of NYSEARCA FNDX opened at $24.45 on Friday. The stock has a fifty day moving average price of $24.28 and a 200 day moving average price of $23.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $20.78 and a 12-month high of $25.17. The company has a market cap of $5.60 billion, a P/E ratio of 17.79 and a beta of 0.84.

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.