Freestone Capital Holdings LLC Grows Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Freestone Capital Holdings LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 293.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 34,043 shares of the company’s stock after buying an additional 25,398 shares during the period. Freestone Capital Holdings LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $806,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Howe & Rusling Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after purchasing an additional 468 shares in the last quarter. Etfidea LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after purchasing an additional 473 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 4.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,831 shares of the company’s stock valued at $1,208,000 after purchasing an additional 668 shares in the last quarter. Adirondack Trust Co. lifted its holdings 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 purchasing an additional 770 shares in the last quarter. Finally, WealthShield Partners LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after purchasing an additional 895 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.8 %

NYSEARCA:FNDX opened at $23.85 on Friday. The firm has a market cap of $17.55 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00. The company’s 50-day moving average is $24.33 and its two-hundred day moving average is $24.11. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.25 and a 12-month high of $25.17.

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.