Clear Point Advisors Inc. Boosts Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Clear Point Advisors Inc. boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 202.7% during the 4th quarter, Holdings Channel reports. The firm owned 62,721 shares of the company’s stock after acquiring an additional 42,003 shares during the period. Schwab Fundamental U.S. Large Company Index ETF makes up about 1.3% of Clear Point Advisors Inc.’s investment portfolio, making the stock its 19th largest holding. Clear Point Advisors Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,485,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of FNDX. Adirondack Trust Co. boosted its position in 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 worth $27,000 after purchasing an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. lifted its position 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 during the last quarter. Castleview Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $32,000. McClarren Financial Advisors Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at $35,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at $36,000.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

Shares of NYSEARCA FNDX opened at $24.96 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.11 and a one year high of $25.17. The business’s fifty day moving average price is $24.24 and its 200-day moving average price is $23.94. The stock has a market capitalization of $5.72 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.