Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stock Position Raised by Marino Stram & Associates LLC

Marino Stram & Associates LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,430 shares of the company’s stock after purchasing an additional 8,964 shares during the quarter. Marino Stram & Associates LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $318,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. Clear Point Advisors Inc. grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.0% during the 2nd quarter. Clear Point Advisors Inc. now owns 19,976 shares of the company’s stock valued at $1,338,000 after buying an additional 202 shares during the last quarter. Bruce G. Allen Investments LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 0.3% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock worth $8,101,000 after purchasing an additional 288 shares during the last quarter. Castleview Partners LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth about $32,000. Howe & Rusling Inc. grew its position in Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after purchasing an additional 468 shares during the last quarter. Finally, Etfidea LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after purchasing an additional 473 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.2 %

NYSEARCA FNDX opened at $24.53 on Thursday. The company has a 50-day moving average price of $24.28 and a two-hundred day moving average price of $23.71. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.68 and a 52 week high of $25.17.

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.