Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Position Increased by Addison Advisors LLC

Addison Advisors LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 56,655 shares of the company’s stock after buying an additional 37,770 shares during the period. Addison Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,342,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Howe & Rusling Inc. lifted its position in shares of 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 worth $514,000 after purchasing an additional 468 shares in the last quarter. Etfidea LLC lifted 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 worth $3,159,000 after purchasing an additional 473 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 16,831 shares of the company’s stock worth $1,208,000 after purchasing an additional 668 shares in the last quarter. Adirondack Trust Co. lifted its position 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 purchasing an additional 770 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 169,424 shares of the company’s stock worth $12,158,000 after purchasing an additional 785 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

NYSEARCA FNDX opened at $24.55 on Tuesday. The company has a 50 day simple moving average of $24.27 and a 200-day simple moving average of $24.04. The firm has a market capitalization 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 $21.25 and a 52-week high of $25.17.

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.