Smithfield Trust Co Buys 6,360 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Smithfield Trust Co increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, Holdings Channel reports. The fund owned 9,540 shares of the company’s stock after buying an additional 6,360 shares during the quarter. Smithfield Trust Co’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $225,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of FNDX. US Bancorp DE lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 60.1% during the 3rd quarter. US Bancorp DE now owns 6,915 shares of the company’s stock valued at $496,000 after purchasing an additional 2,597 shares in the last quarter. Milestone Investment Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 5.5% during the third quarter. Milestone Investment Advisors LLC now owns 104,812 shares of the company’s stock worth $7,521,000 after acquiring an additional 5,488 shares in the last quarter. Maia Wealth LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 100.9% during the third quarter. Maia Wealth LLC now owns 9,542 shares of the company’s stock worth $685,000 after acquiring an additional 4,793 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth $412,000. Finally, Mainstream Capital Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth $230,000.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.05 on Thursday. The firm has a market cap of $17.70 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00. The stock’s 50-day moving average is $24.34 and its 200-day moving average is $24.11. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year 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.