Midland Wealth Advisors LLC Increases Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Midland Wealth Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 237.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 132,367 shares of the company’s stock after acquiring an additional 93,109 shares during the period. Midland Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $3,134,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Adirondack Trust Co. increased 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 purchasing an additional 770 shares in the last quarter. Pinnacle Bancorp Inc. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after purchasing an additional 1,093 shares during the last quarter. WealthShield Partners LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in 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. McClarren Financial Advisors Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth $35,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at $36,000.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.03 on Monday. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year high of $25.17. The business’s fifty day moving average is $24.33 and its 200 day moving average is $24.13. The stock has a market capitalization of $17.69 billion, a PE ratio of 19.51 and a beta of 1.00.

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.