McClarren Financial Advisors Inc. Acquires Shares of 1,509 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

McClarren Financial Advisors Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the fourth quarter, HoldingsChannel.com reports. The fund bought 1,509 shares of the company’s stock, valued at approximately $35,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Brookstone Capital Management increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 197.5% in the 4th quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after buying an additional 12,884 shares during the period. Destination Wealth Management purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $209,000. Peapack Gladstone Financial Corp increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the third quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock worth $6,585,000 after acquiring an additional 2,490 shares during the period. Stifel Financial Corp raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after acquiring an additional 2,834 shares in the last quarter. Finally, Arlington Financial Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% in the fourth quarter. Arlington Financial Advisors LLC now owns 387,494 shares of the company’s stock valued at $9,176,000 after purchasing an additional 257,238 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.4 %

Shares of NYSEARCA:FNDX opened at $24.56 on Thursday. The business’s 50 day moving average is $24.24 and its 200 day moving average is $23.90. The stock has a market cap of $5.62 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.78 and a 52-week high of $25.17.

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.