Parthenon LLC Has $231,000 Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Parthenon LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 9,762 shares of the company’s stock after buying an additional 6,508 shares during the quarter. Parthenon LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $231,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Castleview Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth approximately $32,000. Howe & Rusling Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after acquiring an additional 468 shares in the last quarter. Etfidea LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after acquiring an additional 473 shares during the period. Signaturefd LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.2% in the 3rd quarter. Signaturefd LLC now owns 15,963 shares of the company’s stock valued at $1,146,000 after purchasing an additional 648 shares in the last quarter. Finally, JMG Financial Group Ltd. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 11.6% in the 3rd quarter. JMG Financial Group Ltd. now owns 6,221 shares of the company’s stock worth $446,000 after purchasing an additional 649 shares during the last quarter.

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

Shares of FNDX stock opened at $25.01 on Thursday. The company has a market capitalization of $5.73 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.11 and a 12-month high of $25.17. The firm has a 50-day moving average price of $24.25 and a 200 day moving average price of $23.97.

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.