Cabot Wealth Management Inc. Purchases 42,925 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Cabot Wealth Management Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 6.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 705,562 shares of the company’s stock after buying an additional 42,925 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up approximately 2.1% of Cabot Wealth Management Inc.’s portfolio, making the stock its 14th biggest position. Cabot Wealth Management Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $19,198,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Burk Holdings LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $489,000. Blueprint Investment Partners LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 28.4% during the 3rd quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock worth $5,117,000 after purchasing an additional 43,090 shares in the last quarter. Capital Advantage Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 48.2% during the 4th quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock worth $4,058,000 after purchasing an additional 48,529 shares in the last quarter. AlphaCore Capital LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 5.9% during the 3rd quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock worth $94,593,000 after purchasing an additional 200,122 shares in the last quarter. Finally, Blair William & Co. IL increased its holdings in Schwab Fundamental U.S. Large Company ETF by 164.8% during the 3rd quarter. Blair William & Co. IL now owns 74,293 shares of the company’s stock worth $1,954,000 after purchasing an additional 46,236 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $30.40 on Thursday. The stock has a 50 day moving average price of $28.63 and a two-hundred day moving average price of $27.91. The firm has a market capitalization of $26.18 billion, a P/E ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $22.83 and a 52 week high of $30.45.

About Schwab Fundamental U.S. Large Company 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.