Flputnam Investment Management Co. Boosts Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Flputnam Investment Management Co. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,056 shares of the company’s stock after buying an additional 8,704 shares during the quarter. Flputnam Investment Management Co.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $309,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Brookstone Capital Management raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% in the 4th quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock valued at $460,000 after acquiring an additional 12,884 shares during the period. Destination Wealth Management purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at approximately $209,000. Blue Trust Inc. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 12,276.7% during the fourth quarter. Blue Trust Inc. now owns 5,322 shares of the company’s stock worth $126,000 after purchasing an additional 5,279 shares in the last quarter. Peapack Gladstone Financial Corp boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the third quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock worth $6,585,000 after buying an additional 2,490 shares during the period. Finally, Stifel Financial Corp grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 38.1% in the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after buying an additional 2,834 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 1.3 %

FNDX stock opened at $24.31 on Tuesday. The business’s fifty day moving average price is $24.33 and its 200 day moving average price is $24.10. 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 company has a market capitalization of $17.89 billion, a PE ratio of 19.51 and a beta of 1.00.

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.