Tanglewood Legacy Advisors LLC Invests $98,000 in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Tanglewood Legacy Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,159 shares of the company’s stock, valued at approximately $98,000.

Other hedge funds also recently added to or reduced their stakes in the company. McAdam LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after buying an additional 6,193,223 shares during the period. Captrust Financial Advisors lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after acquiring an additional 313,382 shares during the period. Signature Estate & Investment Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock worth $229,383,000 after purchasing an additional 501,854 shares in the last quarter. Charles Schwab Trust Co grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock worth $64,132,000 after purchasing an additional 1,809,709 shares during the period. Finally, Gemmer Asset Management LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 213.1% during the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock valued at $58,581,000 after purchasing an additional 1,683,829 shares in the last quarter.

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

FNDX opened at $24.81 on Friday. The stock has a market cap of $5.68 billion, a P/E ratio of 17.79 and a beta of 0.84. The firm has a fifty day moving average price of $24.24 and a 200 day moving average price of $23.93. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $21.11 and a 1 year high of $25.17.

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.