Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Bought by Lowery Thomas LLC

Lowery Thomas LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 9.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 96,911 shares of the company’s stock after buying an additional 8,191 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises 5.2% of Lowery Thomas LLC’s holdings, making the stock its 6th biggest position. Lowery Thomas LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $6,003,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of FNDX. Gradient Investments LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 2,886.7% during the third quarter. Gradient Investments LLC now owns 448 shares of the company’s stock worth $25,000 after buying an additional 433 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $25,000. WealthShield Partners LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $44,000. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 43.2% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,340 shares of the company’s stock worth $75,000 after buying an additional 404 shares in the last quarter. Finally, Citigroup Inc. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 20.1% in the third quarter. Citigroup Inc. now owns 1,338 shares of the company’s stock worth $75,000 after purchasing an additional 224 shares during the period.

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

Shares of NYSEARCA FNDX traded up $0.17 during mid-day trading on Friday, reaching $65.04. The company had a trading volume of 327,577 shares, compared to its average volume of 521,728. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $53.32 and a one year high of $67.52. The firm has a market cap of $14.76 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86. The business’s 50-day simple moving average is $65.40 and its 200 day simple moving average is $61.68.

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.