Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 411,466 shares of the company’s stock after buying an additional 2,071 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $9,744,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Clear Point Advisors Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 1.0% during the 2nd quarter. Clear Point Advisors Inc. now owns 19,976 shares of the company’s stock worth $1,338,000 after acquiring an additional 202 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 13.1% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,984 shares of the company’s stock valued at $133,000 after purchasing an additional 230 shares during the last quarter. Bruce G. Allen Investments LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.3% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock valued at $8,101,000 after purchasing an additional 288 shares during the last quarter. Kowal Investment Group LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 8.2% in the 2nd quarter. Kowal Investment Group LLC now owns 5,087 shares of the company’s stock valued at $341,000 after purchasing an additional 387 shares during the period. Finally, Castleview Partners LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $32,000.

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

NYSEARCA FNDX traded up $0.17 on Monday, reaching $23.65. The stock had a trading volume of 2,518,255 shares, compared to its average volume of 2,031,251. The stock has a market cap of $5.42 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $20.21 and a 12-month high of $25.17. The business’s 50-day moving average price is $24.32 and its 200 day moving average price is $23.62.

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.