Cabot Wealth Management Inc. Acquires 427,017 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cabot Wealth Management Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 192.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 649,395 shares of the company’s stock after buying an additional 427,017 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 2.0% of Cabot Wealth Management Inc.’s portfolio, making the stock its 15th largest position. Cabot Wealth Management Inc. owned about 0.28% of Schwab Fundamental U.S. Large Company Index ETF worth $15,378,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of FNDX. WESPAC Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 131.5% in the fourth quarter. WESPAC Advisors LLC now owns 16,272 shares of the company’s stock worth $385,000 after purchasing an additional 9,243 shares during the last quarter. Wealthspire Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.4% during the 4th quarter. Wealthspire Advisors LLC now owns 106,633 shares of the company’s stock valued at $2,525,000 after buying an additional 71,133 shares during the period. Your Advocates Ltd. LLP grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 199.4% in the 4th quarter. Your Advocates Ltd. LLP now owns 728,599 shares of the company’s stock worth $17,253,000 after acquiring an additional 485,238 shares during the last quarter. Curtis Advisory Group LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 221.8% in the fourth quarter. Curtis Advisory Group LLC now owns 26,169 shares of the company’s stock valued at $620,000 after acquiring an additional 18,036 shares during the period. Finally, Cowa LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 172.9% during the fourth quarter. Cowa LLC now owns 185,912 shares of the company’s stock valued at $4,367,000 after acquiring an additional 117,779 shares during the last quarter.

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

NYSEARCA FNDX opened at $24.55 on Friday. The business’s 50-day moving average is $24.27 and its 200 day moving average is $24.01. The stock has a market capitalization of $5.62 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $21.25 and a 1 year 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.