Foster & Motley Inc. Has $6.39 Million Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Foster & Motley Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 182.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 269,881 shares of the company’s stock after purchasing an additional 174,390 shares during the quarter. Foster & Motley Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $6,391,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Adirondack Trust Co. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after buying an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after acquiring an additional 1,093 shares during the last quarter. Castleview Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at $32,000. Decker Retirement Planning Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at about $36,000. Finally, Global Wealth Strategies & Associates boosted 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 acquiring an additional 1,156 shares during the last quarter.

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

Shares of NYSEARCA:FNDX opened at $24.66 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $20.72 and a 1-year high of $25.17. The stock has a market capitalization of $5.65 billion, a P/E ratio of 17.79 and a beta of 0.84. The business has a 50-day moving average price of $24.31 and a two-hundred day moving average price of $23.78.

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.