Stone Summit Wealth LLC Purchases 7,280 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Stone Summit Wealth LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 193.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,035 shares of the company’s stock after buying an additional 7,280 shares during the period. Stone Summit Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Castleview Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth about $32,000. Indiana Trust & Investment Management Co acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $50,000. Adirondack Trust Co. grew its stake in 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 worth $27,000 after purchasing an additional 770 shares during the period. Sound Income Strategies LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 526.5% in the third quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock worth $88,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after buying an additional 1,093 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.45 on Monday. The stock’s 50 day moving average price is $24.26 and its two-hundred day moving average price is $23.87. The stock has a market capitalization of $5.60 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 $20.78 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.