Boston Financial Mangement LLC Boosts Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Boston Financial Mangement LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 196.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 60,363 shares of the company’s stock after buying an additional 40,015 shares during the quarter. Boston Financial Mangement LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,429,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Foundations Investment Advisors LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth $237,000. Sequoia Financial Advisors LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 29.0% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 39,542 shares of the company’s stock worth $2,838,000 after purchasing an additional 8,878 shares in the last quarter. Signaturefd LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 4.2% during the 3rd quarter. Signaturefd LLC now owns 15,963 shares of the company’s stock worth $1,146,000 after purchasing an additional 648 shares in the last quarter. McAdam LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 6.0% during the 3rd quarter. McAdam LLC now owns 2,916,821 shares of the company’s stock worth $209,311,000 after purchasing an additional 165,937 shares in the last quarter. Finally, JMG Financial Group Ltd. grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 11.6% during the 3rd quarter. JMG Financial Group Ltd. now owns 6,221 shares of the company’s stock worth $446,000 after purchasing an additional 649 shares in the last quarter.

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

FNDX opened at $24.91 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $21.11 and a 12 month high of $25.17. The stock has a market capitalization of $5.70 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The business has a fifty day moving average price of $24.26 and a 200 day moving average price of $23.98.

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.