Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stake Raised by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 14.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,515 shares of the company’s stock after purchasing an additional 799 shares during the period. PNC Financial Services Group Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $404,000 as of its most recent filing with the Securities and Exchange Commission.

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

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $66.98 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $53.32 and a 52 week high of $67.86. The firm has a market capitalization of $15.34 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The company has a 50 day moving average price of $66.35 and a 200 day moving average price of $64.62.

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.