Jacobi Capital Management LLC Has $1.25 Million Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Jacobi Capital Management LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,596 shares of the company’s stock after buying an additional 35,146 shares during the quarter. Jacobi Capital Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,245,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in FNDX. Howe & Rusling Inc. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after purchasing an additional 468 shares in the last quarter. Etfidea LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after purchasing an additional 473 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,831 shares of the company’s stock worth $1,208,000 after purchasing an additional 668 shares in the last quarter. Adirondack Trust Co. increased its position in shares of 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 worth $27,000 after purchasing an additional 770 shares in the last quarter. Finally, WealthShield Partners LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after purchasing an additional 895 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 1.4 %

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.63 on Friday. The stock has a market capitalization of $5.64 billion, a P/E ratio of 17.79 and a beta of 0.84. The company has a 50-day simple moving average of $24.33 and a 200 day simple moving average of $24.08. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.25 and a 12-month high of $25.17.

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.