Leonard Rickey Investment Advisors P.L.L.C. Has $32.95 Million Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Leonard Rickey Investment Advisors P.L.L.C. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 205.5% during the 4th quarter, HoldingsChannel reports. The firm owned 1,391,443 shares of the company’s stock after purchasing an additional 935,959 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 7.6% of Leonard Rickey Investment Advisors P.L.L.C.’s holdings, making the stock its 2nd largest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $32,949,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FNDX. Brookstone Capital Management increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the 4th quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after purchasing an additional 12,884 shares in the last quarter. Destination Wealth Management bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth about $209,000. Stifel Financial Corp raised its position in Schwab Fundamental U.S. Large Company Index ETF by 38.1% in the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after buying an additional 2,834 shares during the last quarter. Peapack Gladstone Financial Corp lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after acquiring an additional 2,490 shares in the last quarter. Finally, Synovus Financial Corp boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 92.6% during the 3rd quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock worth $8,514,000 after acquiring an additional 57,059 shares during the last quarter.

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

Shares of FNDX opened at $24.37 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.22 and a twelve month high of $25.17. The stock has a market capitalization of $5.58 billion, a P/E ratio of 17.79 and a beta of 0.84. The company has a 50 day moving average of $24.29 and a 200-day moving average of $23.69.

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.