Sugarloaf Wealth Management LLC Raises Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Sugarloaf Wealth Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.4% in the fourth quarter, HoldingsChannel reports. The fund owned 12,223 shares of the company’s stock after purchasing an additional 8,168 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Castleview Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $32,000. Global Wealth Strategies & Associates grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock worth $41,000 after buying an additional 1,156 shares in the last quarter. Indiana Trust & Investment Management Co bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $50,000. SYM FINANCIAL Corp bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the second quarter worth $65,000. Finally, Marquette Asset Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at $71,000.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 1.1 %

Shares of NYSEARCA FNDX traded down $0.26 during mid-day trading on Friday, reaching $23.53. The company had a trading volume of 1,898,016 shares, compared to its average volume of 1,878,814. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.21 and a 52 week high of $25.17. The stock has a market cap of $5.39 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The business’s 50-day moving average is $24.33 and its 200-day moving average is $23.59.

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.