Stone Summit Wealth LLC Acquires 7,280 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Stone Summit Wealth LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 193.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,035 shares of the company’s stock after purchasing an additional 7,280 shares during the period. Stone Summit Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $261,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Adirondack Trust Co. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth 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. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after acquiring an additional 1,093 shares in the last quarter. Castleview Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $32,000. Decker Retirement Planning Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth $36,000. Finally, Global Wealth Strategies & Associates increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock worth $41,000 after purchasing an additional 1,156 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.9 %

Shares of NYSEARCA:FNDX opened at $24.45 on Monday. The firm has a 50 day moving average of $24.26 and a 200-day moving average of $23.87. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.78 and a 12 month high of $25.17. The stock has a market capitalization of $5.60 billion, a PE 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.