Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stock Position Increased by Masso Torrence Wealth Management Inc.

Masso Torrence Wealth Management Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 187.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 383,334 shares of the company’s stock after buying an additional 249,798 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for approximately 4.8% of Masso Torrence Wealth Management Inc.’s investment portfolio, making the stock its 4th largest position. Masso Torrence Wealth Management Inc. owned 0.17% of Schwab Fundamental U.S. Large Company Index ETF worth $9,077,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Wade Financial Advisory Inc grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Wade Financial Advisory Inc now owns 51,264 shares of the company’s stock valued at $1,214,000 after purchasing an additional 34,176 shares during the last quarter. Foster Victor Wealth Advisors LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 192.5% during the fourth quarter. Foster Victor Wealth Advisors LLC now owns 47,808 shares of the company’s stock valued at $1,165,000 after buying an additional 31,464 shares during the period. Asset Dedication LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Asset Dedication LLC now owns 2,553 shares of the company’s stock valued at $60,000 after buying an additional 1,702 shares during the last quarter. Capital Investment Counsel LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 209.7% in the fourth quarter. Capital Investment Counsel LLC now owns 13,437 shares of the company’s stock worth $318,000 after buying an additional 9,098 shares during the period. Finally, Clarity Capital Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the 4th quarter. Clarity Capital Advisors LLC now owns 35,311 shares of the company’s stock worth $836,000 after acquiring an additional 23,596 shares during the last quarter.

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

FNDX opened at $24.71 on Wednesday. The business has a fifty day moving average of $24.31 and a 200 day moving average of $23.78. 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 market cap of $5.66 billion, a P/E ratio of 17.79 and a beta of 0.84.

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.