Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) is Callan Capital LLC’s 3rd Largest Position

Callan Capital LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 205.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,720,737 shares of the company’s stock after acquiring an additional 2,502,026 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises about 6.4% of Callan Capital LLC’s portfolio, making the stock its 3rd largest position. Callan Capital LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $88,107,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Adirondack Trust Co. grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth 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 period. Pinnacle Bancorp Inc. grew its holdings in 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 valued at $30,000 after purchasing an additional 1,093 shares during the period. McClarren Financial Advisors Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $35,000. Decker Retirement Planning Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $36,000. Finally, Global Wealth Strategies & Associates grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock valued at $41,000 after purchasing an additional 1,156 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.55 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $21.25 and a 1 year high of $25.17. The firm has a 50 day moving average price of $24.27 and a 200 day moving average price of $24.00. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

About Schwab Fundamental U.S. Large Company Index ETF

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.