SOL Capital Management CO Buys 18,400 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

SOL Capital Management CO lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,600 shares of the company’s stock after acquiring an additional 18,400 shares during the period. SOL Capital Management CO’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $654,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDX. Bank of Montreal Can raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 6.0% in the 2nd quarter. Bank of Montreal Can now owns 13,097 shares of the company’s stock valued at $882,000 after purchasing an additional 739 shares during the period. NewEdge Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 9.1% during the 2nd quarter. NewEdge Advisors LLC now owns 26,169 shares of the company’s stock worth $1,753,000 after acquiring an additional 2,187 shares during the last quarter. Truist Financial Corp boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 4.7% during the 2nd quarter. Truist Financial Corp now owns 33,067 shares of the company’s stock worth $2,215,000 after acquiring an additional 1,483 shares during the last quarter. Alpha Omega Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 13.3% in the third quarter. Alpha Omega Wealth Management LLC now owns 11,996 shares of the company’s stock valued at $861,000 after purchasing an additional 1,405 shares during the last quarter. Finally, Collective Family Office LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.0% in the third quarter. Collective Family Office LLC now owns 67,471 shares of the company’s stock worth $4,842,000 after purchasing an additional 1,351 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.7 %

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.63 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $20.72 and a 1-year high of $25.17. The company has a fifty day simple moving average of $24.31 and a 200 day simple moving average of $23.80. The company has a market cap of $5.64 billion, a P/E 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.