US Bancorp DE Purchases 19,399 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

US Bancorp DE grew its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 280.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,314 shares of the company’s stock after acquiring an additional 19,399 shares during the period. US Bancorp DE’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $623,000 at the end of the most recent quarter.

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

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

NYSEARCA:FNDX opened at $23.30 on Wednesday. The company has a market cap of $17.15 billion, a P/E ratio of 19.51 and a beta of 1.00. The firm’s fifty day moving average price is $24.33 and its two-hundred day moving average price is $24.13. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one 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.