Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by Index Fund Advisors Inc.

Index Fund Advisors Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,206 shares of the company’s stock after purchasing an additional 8,139 shares during the quarter. Index Fund Advisors Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $289,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of FNDX. McAdam LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after buying an additional 6,193,223 shares during the last quarter. Captrust Financial Advisors boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after acquiring an additional 313,382 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 18.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock worth $229,383,000 after acquiring an additional 501,854 shares in the last quarter. Charles Schwab Trust Co grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock worth $64,132,000 after acquiring an additional 1,809,709 shares in the last quarter. Finally, Gemmer Asset Management LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 213.1% in the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock valued at $58,581,000 after purchasing an additional 1,683,829 shares in the last quarter.

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

Shares of FNDX stock opened at $24.57 on Tuesday. The stock has a market capitalization of $5.63 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $20.78 and a one year high of $25.17. The company’s 50-day simple moving average is $24.26 and its 200-day simple moving average is $23.87.

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.