Foster & Motley Inc. Has $6.39 Million Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Foster & Motley Inc. increased its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 182.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,881 shares of the company’s stock after purchasing an additional 174,390 shares during the period. Foster & Motley Inc. owned approximately 0.12% of Schwab Fundamental U.S. Large Company Index ETF worth $6,391,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNDX. Adirondack Trust Co. raised its holdings in shares of 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 worth $27,000 after buying an additional 770 shares in the last quarter. Pinnacle Bancorp Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after acquiring an additional 1,093 shares in the last quarter. Castleview Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at $32,000. Decker Retirement Planning Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at $36,000. Finally, Global Wealth Strategies & Associates grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock worth $41,000 after purchasing an additional 1,156 shares during the last quarter.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.66 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $20.72 and a 12-month high of $25.17. The stock has a market capitalization of $5.65 billion, a P/E ratio of 17.79 and a beta of 0.84. The company has a 50-day simple moving average of $24.31 and a 200 day simple moving average of $23.78.

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.