Leavell Investment Management Inc. Purchases 184,029 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Leavell Investment Management Inc. increased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 197.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 277,346 shares of the company’s stock after acquiring an additional 184,029 shares during the quarter. Leavell Investment Management Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $6,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of FNDX. McAdam LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after acquiring an additional 6,193,223 shares during the period. Charles Schwab Trust Co grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after acquiring an additional 1,809,709 shares during the period. Gemmer Asset Management LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 213.1% during the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock valued at $58,581,000 after acquiring an additional 1,683,829 shares during the period. Reston Wealth Management LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 209.5% in the 4th quarter. Reston Wealth Management LLC now owns 2,086,496 shares of the company’s stock worth $49,408,000 after purchasing an additional 1,412,414 shares in the last quarter. Finally, Cornerstone Planning Group LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $93,978,000.

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

NYSEARCA FNDX opened at $24.65 on Wednesday. The company has a market capitalization of $5.64 billion, a PE ratio of 17.79 and a beta of 0.84. The business’s fifty day moving average is $24.25 and its 200 day moving average is $23.88. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.78 and a fifty-two week 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.