Sellwood Investment Partners LLC Takes Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Sellwood Investment Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 604,259 shares of the company’s stock, valued at approximately $14,309,000. Schwab Fundamental U.S. Large Company Index ETF accounts for 7.7% of Sellwood Investment Partners LLC’s holdings, making the stock its 6th biggest position. Sellwood Investment Partners LLC owned about 0.26% of Schwab Fundamental U.S. Large Company Index ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after acquiring an additional 262,526,108 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 225.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock valued at $246,015,000 after purchasing an additional 7,192,613 shares during the last quarter. McAdam LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after purchasing an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after purchasing an additional 3,993,372 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after purchasing an additional 313,382 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.1 %

Shares of NYSEARCA:FNDX opened at $23.97 on Wednesday. The business’s 50 day moving average is $24.30 and its 200 day moving average is $24.15. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.25 and a 12-month high of $25.17. The stock has a market cap of $17.57 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00.

Schwab Fundamental U.S. Large Company Index ETF 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.