Washington Trust Advisors Inc. Increases Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Washington Trust Advisors Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDXFree Report) by 190.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 784,183 shares of the company’s stock after buying an additional 514,033 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 1.6% of Washington Trust Advisors Inc.’s investment portfolio, making the stock its 22nd biggest holding. Washington Trust Advisors Inc. owned 0.34% of Schwab Fundamental U.S. Large Company Index ETF worth $18,569,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Howe & Rusling Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after acquiring an additional 468 shares during the period. Etfidea LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after acquiring an additional 473 shares during the period. Nations Financial Group Inc. IA ADV raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 16,831 shares of the company’s stock worth $1,208,000 after acquiring an additional 668 shares during the period. Adirondack Trust Co. raised its position 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, WealthShield Partners LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after acquiring an additional 895 shares during the period.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.05 on Thursday. The firm has a 50-day simple moving average of $24.34 and a two-hundred day simple moving average of $24.11. The company has a market cap of $17.70 billion, a P/E ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17.

Schwab Fundamental U.S. Large Company Index ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

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