Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Holdings Boosted by Glassman Wealth Services

Glassman Wealth Services increased its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,514,762 shares of the company’s stock after buying an additional 3,014,069 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for about 18.0% of Glassman Wealth Services’ investment portfolio, making the stock its 2nd largest position. Glassman Wealth Services’ holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $106,910,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Adirondack Trust Co. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after buying an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. raised 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 worth $30,000 after acquiring an additional 1,093 shares during the period. WealthShield Partners LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after acquiring an additional 895 shares during the period. Icon Wealth Advisors LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $108,000. Finally, Decker Retirement Planning Inc. bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth approximately $36,000.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 1.4 %

NYSEARCA FNDX opened at $24.63 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $21.25 and a 12 month high of $25.17. The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The company’s 50 day moving average is $24.33 and its two-hundred day moving average is $24.08.

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.