Scarborough Advisors LLC Takes $59,000 Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Scarborough Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDXFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 948 shares of the company’s stock, valued at approximately $59,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth approximately $25,000. Able Wealth Management LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $28,000. Johnson Financial Group Inc. grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 262.2% in the 4th quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock valued at $33,000 after buying an additional 388 shares in the last quarter. Tidemark LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at $36,000. Finally, WealthShield Partners LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth $44,000.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.7 %

Shares of FNDX stock opened at $66.92 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $53.32 and a twelve month high of $67.58. The company’s 50-day moving average price is $65.94 and its 200-day moving average price is $64.20. The stock has a market cap of $15.32 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FNDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDXFree Report).

Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

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