Park Avenue Securities LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX – Free Report) by 242.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,006 shares of the company’s stock after buying an additional 82,167 shares during the quarter. Park Avenue Securities LLC owned approximately 0.05% of Schwab Fundamental U.S. Large Company Index ETF worth $2,747,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the business. Castleview Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth about $32,000. Indiana Trust & Investment Management Co acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth approximately $50,000. Marquette Asset Management LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at approximately $71,000. Sound Income Strategies LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 526.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock valued at $88,000 after purchasing an additional 1,032 shares during the period. Finally, Icon Wealth Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $108,000.
Schwab Fundamental U.S. Large Company Index ETF Stock Performance
Shares of NYSEARCA FNDX opened at $24.37 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.22 and a 52-week high of $25.17. The company’s 50 day moving average price is $24.30 and its 200-day moving average price is $23.66. The company has a market capitalization of $5.58 billion, a P/E ratio of 17.79 and a beta of 0.84.
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.
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