Steward Partners Investment Advisory LLC Purchases 20,565 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Steward Partners Investment Advisory LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 204.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,639 shares of the company’s stock after buying an additional 20,565 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $726,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Adirondack Trust Co. increased its holdings in 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 worth $27,000 after purchasing an additional 770 shares in the last quarter. Pinnacle Bancorp Inc. increased its holdings in 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 worth $30,000 after purchasing an additional 1,093 shares in the last quarter. WealthShield Partners LLC increased its holdings in 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 worth $32,000 after purchasing an additional 895 shares in the last quarter. McClarren Financial Advisors Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth about $35,000. Finally, Decker Retirement Planning Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth about $36,000.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 1.3 %

FNDX stock opened at $23.30 on Wednesday. The stock has a 50-day moving average price of $24.33 and a two-hundred day moving average price of $24.13. The stock has a market cap of $17.15 billion, a PE ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $21.25 and a 1 year high of $25.17.

About Schwab Fundamental U.S. Large Company Index ETF

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.