Cornerstone Planning Group LLC Purchases 47,079 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cornerstone Planning Group LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 3.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,356,697 shares of the company’s stock after purchasing an additional 47,079 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for approximately 8.2% of Cornerstone Planning Group LLC’s portfolio, making the stock its 4th largest position. Cornerstone Planning Group LLC owned 0.59% of Schwab Fundamental U.S. Large Company Index ETF worth $33,565,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. McAdam LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after acquiring an additional 6,193,223 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock worth $333,059,000 after acquiring an additional 313,382 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock worth $229,383,000 after acquiring an additional 501,854 shares in the last quarter. Charles Schwab Trust Co grew its position in Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the fourth quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after buying an additional 1,809,709 shares during the period. Finally, Gemmer Asset Management LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 213.1% during the fourth quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock valued at $58,581,000 after buying an additional 1,683,829 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.9 %

Shares of NYSEARCA:FNDX opened at $24.45 on Monday. The firm has a market capitalization of $5.60 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.78 and a twelve month high of $25.17. The company has a 50-day moving average price of $24.26 and a two-hundred day moving average price of $23.87.

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.