Sonora Investment Management Group LLC Acquires 18,699 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Sonora Investment Management Group LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 265.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,754 shares of the company’s stock after buying an additional 18,699 shares during the period. Sonora Investment Management Group LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $610,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Castleview Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $32,000. Indiana Trust & Investment Management Co purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at $50,000. Marquette Asset Management LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth about $71,000. Adirondack Trust Co. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after acquiring an additional 770 shares during the period. Finally, Sound Income Strategies LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 526.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock valued at $88,000 after acquiring an additional 1,032 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.6 %

FNDX opened at $24.80 on Friday. The stock has a market capitalization of $5.68 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The firm has a 50 day moving average price of $24.31 and a 200-day moving average price of $23.79. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.72 and a twelve month high of $25.17.

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.