Rice Partnership LLC Purchases 1,724 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Rice Partnership LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 110.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,286 shares of the company’s stock after purchasing an additional 1,724 shares during the quarter. Rice Partnership LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $78,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FNDX. Castleview Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth approximately $32,000. Indiana Trust & Investment Management Co bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth approximately $50,000. Marquette Asset Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth approximately $71,000. Adirondack Trust Co. grew its stake 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 acquiring an additional 770 shares during the period. Finally, Sound Income Strategies LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 526.5% in the third quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock worth $88,000 after acquiring an additional 1,032 shares during the period.

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

Shares of FNDX stock opened at $24.63 on Monday. The company has a 50 day moving average price of $24.31 and a 200-day moving average price of $23.81. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.72 and a 52 week high of $25.17. The firm has a market capitalization of $5.64 billion, a PE ratio of 17.79 and a beta of 0.84.

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.