Peapack Gladstone Financial Corp Grows Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Peapack Gladstone Financial Corp raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,770 shares of the company’s stock after acquiring an additional 2,490 shares during the period. Peapack Gladstone Financial Corp’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $6,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Castleview Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at $32,000. Indiana Trust & Investment Management Co purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth about $50,000. SYM FINANCIAL Corp bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the second quarter worth about $65,000. Marquette Asset Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at approximately $71,000. Finally, Sound Income Strategies LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 526.5% during the third quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock valued at $88,000 after buying an additional 1,032 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.2 %

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.68 on Thursday. The stock’s fifty day moving average is $24.34 and its two-hundred day moving average is $23.54. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.21 and a 52 week high of $25.17. The company has a market capitalization of $5.42 billion, a PE ratio of 17.79 and a beta of 0.84.

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.