First Horizon Advisors Inc. Acquires New Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

First Horizon Advisors Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,312 shares of the company’s stock, valued at approximately $81,000.

A number of other large investors have also recently modified their holdings of FNDX. Glass Jacobson Investment Advisors llc raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 12.5% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 1,508 shares of the company’s stock valued at $93,000 after purchasing an additional 168 shares in the last quarter. PFG Advisors raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.6% during the 4th quarter. PFG Advisors now owns 29,793 shares of the company’s stock valued at $1,845,000 after buying an additional 176 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 7,301 shares of the company’s stock worth $398,000 after acquiring an additional 187 shares during the last quarter. Cary Street Partners Investment Advisory LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 14.8% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,567 shares of the company’s stock worth $88,000 after acquiring an additional 202 shares in the last quarter. Finally, Citigroup Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 20.1% in the third quarter. Citigroup Inc. now owns 1,338 shares of the company’s stock valued at $75,000 after acquiring an additional 224 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.2 %

Shares of FNDX stock opened at $65.81 on Wednesday. The business has a 50-day moving average price of $65.53 and a two-hundred day moving average price of $62.16. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $53.32 and a 12-month high of $67.52. The firm has a market cap of $15.07 billion, a P/E ratio of 17.79 and a beta of 0.84.

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.