HB Wealth Management LLC Raises Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

HB Wealth Management LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.0% during the 4th quarter, Holdings Channel reports. The firm owned 38,601 shares of the company’s stock after acquiring an additional 25,776 shares during the period. HB Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $914,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Pinnacle Bancorp Inc. boosted its stake in shares of 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 worth $30,000 after acquiring an additional 1,093 shares during the period. Castleview Partners LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth approximately $32,000. Decker Retirement Planning Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at approximately $36,000. Global Wealth Strategies & Associates raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock valued at $41,000 after buying an additional 1,156 shares during the last quarter. Finally, Indiana Trust & Investment Management Co purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $50,000.

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

Shares of NYSEARCA:FNDX opened at $24.59 on Wednesday. The firm has a market cap of $5.63 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The firm has a fifty day moving average price of $24.29 and a 200 day moving average price of $23.69. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.66 and a fifty-two week 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.