Newbridge Financial Services Group Inc. Buys Shares of 2,100 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Newbridge Financial Services Group Inc. bought a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,100 shares of the company’s stock, valued at approximately $50,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Adirondack Trust Co. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during 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 in the last quarter. Pinnacle Bancorp Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after buying an additional 1,093 shares in the last quarter. Castleview Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at approximately $32,000. Decker Retirement Planning Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at approximately $36,000. Finally, Global Wealth Strategies & Associates lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock valued at $41,000 after buying an additional 1,156 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.3 %

Shares of FNDX stock opened at $24.65 on Wednesday. The stock has a market capitalization of $5.64 billion, a P/E ratio of 17.79 and a beta of 0.84. The firm’s 50 day moving average is $24.25 and its 200 day moving average is $23.88. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.78 and a 12 month high of $25.17.

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.