Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Bought by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp grew its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 91,770 shares of the company’s stock after purchasing an additional 2,490 shares during the period. Peapack Gladstone Financial Corp’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $6,585,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Synovus Financial Corp raised its position in Schwab Fundamental U.S. Large Company Index ETF by 92.6% during the 3rd quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock worth $8,514,000 after buying an additional 57,059 shares during the last quarter. Destination Wealth Management acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $209,000. Sanctuary Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth $2,735,000. Arete Wealth Advisors LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 32.9% during the third quarter. Arete Wealth Advisors LLC now owns 117,697 shares of the company’s stock worth $8,414,000 after purchasing an additional 29,137 shares during the last quarter. Finally, Asset Allocation Strategies LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 459.0% during the third quarter. Asset Allocation Strategies LLC now owns 64,252 shares of the company’s stock valued at $4,611,000 after purchasing an additional 52,757 shares during the period.

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

NYSEARCA FNDX opened at $23.68 on Thursday. The firm has a market capitalization of $5.42 billion, a P/E ratio of 17.79 and a beta of 0.84. The stock has a 50-day simple moving average of $24.34 and a two-hundred day simple moving average of $23.54. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.21 and a fifty-two week high of $25.17.

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.