Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Bought by Wealth Forward LLC

Wealth Forward LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 189.3% in the 4th quarter, HoldingsChannel reports. The firm owned 497,142 shares of the company’s stock after purchasing an additional 325,328 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 8.3% of Wealth Forward LLC’s holdings, making the stock its 5th largest position. Wealth Forward LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $11,772,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of FNDX. Castleview Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $32,000. Indiana Trust & Investment Management Co acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth $50,000. Marquette Asset Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth $71,000. Adirondack Trust Co. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after purchasing an additional 770 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 526.5% in the third quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock valued at $88,000 after purchasing an additional 1,032 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.2 %

NYSEARCA:FNDX opened at $24.74 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.72 and a 52-week high of $25.17. The stock has a fifty day simple moving average of $24.30 and a 200-day simple moving average of $23.76. The company has a market capitalization of $5.67 billion, a PE 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.