Financial Synergies Wealth Advisors Inc. Increases Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Financial Synergies Wealth Advisors Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 176.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 56,502 shares of the company’s stock after acquiring an additional 36,070 shares during the period. Financial Synergies Wealth Advisors Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,338,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNDX. Bruce G. Allen Investments LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.3% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock worth $8,101,000 after acquiring an additional 288 shares in the last quarter. Castleview Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth $32,000. Howe & Rusling Inc. grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after purchasing an additional 468 shares during the last quarter. Etfidea LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after buying an additional 473 shares in the last quarter. Finally, Godsey & Gibb Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 28.6% during the 3rd quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock worth $165,000 after buying an additional 512 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.0 %

Shares of NYSEARCA FNDX opened at $24.68 on Friday. The company’s 50-day moving average price is $24.28 and its 200 day moving average price is $23.84. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.78 and a 52 week high of $25.17. The stock has a market cap of $5.65 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index ETF 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.