Schrum Private Wealth Management LLC Boosts Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Schrum Private Wealth Management LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 52.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 74,010 shares of the company’s stock after buying an additional 25,568 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for approximately 1.5% of Schrum Private Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Schrum Private Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,753,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in FNDX. Charles Schwab Investment Management Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after buying an additional 262,526,108 shares during the last quarter. McAdam LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after purchasing an additional 6,193,223 shares during the last quarter. Steele Capital Management Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after purchasing an additional 3,993,372 shares during the last quarter. Glassman Wealth Services boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.8% during the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after purchasing an additional 3,014,069 shares during the period. Finally, Callan Capital LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the fourth quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock worth $88,107,000 after purchasing an additional 2,502,026 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.8 %

FNDX opened at $24.05 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $21.25 and a 12 month high of $25.17. The company has a market cap of $17.70 billion, a PE ratio of 19.51 and a beta of 1.00. The company has a 50 day moving average of $24.34 and a 200 day moving average of $24.11.

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.