JMG Financial Group Ltd. Takes $345,000 Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

JMG Financial Group Ltd. bought a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,562 shares of the company’s stock, valued at approximately $345,000.

Several other institutional investors have also recently bought and sold shares of the business. AE Wealth Management LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the 3rd quarter. AE Wealth Management LLC now owns 62,882 shares of the company’s stock valued at $3,519,000 after purchasing an additional 4,249 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 146.8% during the 3rd quarter. Global Retirement Partners LLC now owns 10,597 shares of the company’s stock valued at $584,000 after acquiring an additional 6,304 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. grew its position in Schwab Fundamental U.S. Large Company Index ETF by 4.6% during the 3rd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 423,417 shares of the company’s stock worth $23,699,000 after acquiring an additional 18,727 shares during the last quarter. Cedar Brook Financial Partners LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 10.0% in the 3rd quarter. Cedar Brook Financial Partners LLC now owns 9,558 shares of the company’s stock worth $535,000 after purchasing an additional 866 shares in the last quarter. Finally, Meridian Wealth Management LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at about $4,452,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.8 %

Shares of FNDX stock traded up $0.55 during mid-day trading on Tuesday, reaching $65.28. 396,323 shares of the stock traded hands, compared to its average volume of 528,378. The company has a market cap of $14.82 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86. The stock’s fifty day simple moving average is $65.31 and its two-hundred day simple moving average is $61.53. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $53.32 and a 1-year high of $67.52.

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.