Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Bought by World Equity Group Inc.

World Equity Group Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 496.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,846 shares of the company’s stock after acquiring an additional 63,970 shares during the quarter. World Equity Group Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,820,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FNDX. Adirondack Trust Co. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after buying an additional 770 shares during the period. Pinnacle Bancorp Inc. raised 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 valued at $30,000 after acquiring an additional 1,093 shares in the last quarter. McClarren Financial Advisors Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at $35,000. Decker Retirement Planning Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at $36,000. Finally, Global Wealth Strategies & Associates raised its stake in shares of 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 acquiring an additional 1,156 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 1.4 %

Shares of NYSEARCA FNDX opened at $24.55 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.25 and a 12-month high of $25.17. The stock has a market cap of $5.62 billion, a P/E ratio of 17.79 and a beta of 0.84. The business’s fifty day simple moving average is $24.27 and its 200-day simple moving average is $24.01.

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.