Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stock Position Lifted by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 203.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 575,121 shares of the company’s stock after buying an additional 385,783 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF makes up about 2.8% of Pasadena Private Wealth LLC’s holdings, making the stock its 9th biggest position. Pasadena Private Wealth LLC owned approximately 0.25% of Schwab Fundamental U.S. Large Company Index ETF worth $13,619,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of FNDX. Commonwealth Equity Services LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 13.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 479,885 shares of the company’s stock valued at $34,437,000 after buying an additional 55,839 shares during the last quarter. Castleview Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $32,000. Roof Eidam Maycock Peralta LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 33.4% during the third quarter. Roof Eidam Maycock Peralta LLC now owns 56,446 shares of the company’s stock worth $4,051,000 after buying an additional 14,137 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at about $237,000. Finally, Sequoia Financial Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 29.0% in the third quarter. Sequoia Financial Advisors LLC now owns 39,542 shares of the company’s stock worth $2,838,000 after buying an additional 8,878 shares during the last quarter.

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

Shares of NYSEARCA FNDX opened at $24.96 on Wednesday. The business’s 50-day simple moving average is $24.24 and its 200-day simple moving average is $23.94. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $21.11 and a 52 week high of $25.17. The firm has a market cap of $5.72 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.