Schrum Private Wealth Management LLC Acquires 25,568 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Schrum Private Wealth Management LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 52.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 74,010 shares of the company’s stock after purchasing an additional 25,568 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for 1.5% of Schrum Private Wealth Management LLC’s holdings, making the stock its 16th biggest holding. Schrum Private Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,753,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Howe & Rusling Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after buying an additional 468 shares during the last quarter. Etfidea LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after acquiring an additional 473 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,831 shares of the company’s stock valued at $1,208,000 after purchasing an additional 668 shares during the period. Adirondack Trust Co. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after purchasing an additional 770 shares in the last quarter. Finally, WealthShield Partners LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after purchasing an additional 895 shares in the last quarter.

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

Shares of FNDX opened at $24.05 on Thursday. The business’s 50 day moving average price is $24.34 and its two-hundred day moving average price is $24.11. The firm has a market cap of $17.70 billion, a PE ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $21.25 and a 52-week high of $25.17.

Schwab Fundamental U.S. Large Company Index ETF 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.