Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 203.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 575,121 shares of the company’s stock after acquiring an additional 385,783 shares during the period. Schwab Fundamental U.S. Large Company Index ETF makes up 2.8% of Pasadena Private Wealth LLC’s portfolio, making the stock its 9th biggest holding. Pasadena Private Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $13,619,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in FNDX. Castleview Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $32,000. Howe & Rusling Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after buying an additional 468 shares during the period. Etfidea LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after buying an additional 473 shares in the last quarter. Signaturefd LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 4.2% during the third quarter. Signaturefd LLC now owns 15,963 shares of the company’s stock valued at $1,146,000 after acquiring an additional 648 shares during the period. Finally, JMG Financial Group Ltd. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 11.6% in the 3rd quarter. JMG Financial Group Ltd. now owns 6,221 shares of the company’s stock valued at $446,000 after acquiring an additional 649 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.6 %

Shares of NYSEARCA:FNDX opened at $24.96 on Wednesday. The business’s 50 day moving average is $24.24 and its 200-day moving average is $23.94. The firm 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 has a 1-year low of $21.11 and a 1-year high of $25.17.

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.