Sandy Spring Bank Has $134,000 Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Sandy Spring Bank boosted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 178.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,679 shares of the company’s stock after buying an additional 3,643 shares during the period. Sandy Spring Bank’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $134,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FNDX. IAG Wealth Partners LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock valued at $26,000 after purchasing an additional 740 shares during the period. Adirondack Trust Co. increased 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. increased 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. WealthShield Partners LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth 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 period. Finally, McClarren Financial Advisors Inc. acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at $35,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.3 %

NYSEARCA FNDX opened at $23.66 on Friday. The stock has a fifty day simple moving average of $24.29 and a 200 day simple moving average of $24.13. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.25 and a twelve month high of $25.17. The company has a market capitalization of $17.35 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00.

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.