Bank of New York Mellon Corp bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 120,470 shares of the company’s stock, valued at approximately $2,853,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Adirondack Trust Co. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after purchasing an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after purchasing an additional 1,093 shares during the period. WealthShield Partners LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after purchasing an additional 895 shares during the last quarter. Icon Wealth Advisors LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at approximately $108,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at $36,000.
Schwab Fundamental U.S. Large Company Index ETF Stock Performance
Shares of FNDX opened at $23.73 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $21.25 and a 52-week high of $25.17. The stock has a market capitalization of $17.40 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00. The stock’s 50-day simple moving average is $24.29 and its 200 day simple moving average is $24.13.
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.
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