Siligmueller & Norvid Wealth Advisors LLC Takes Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Siligmueller & Norvid Wealth Advisors LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 99,471 shares of the company’s stock, valued at approximately $2,355,000. Schwab Fundamental U.S. Large Company Index ETF makes up 1.0% of Siligmueller & Norvid Wealth Advisors LLC’s investment portfolio, making the stock its 29th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Howe & Rusling Inc. boosted its holdings in 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 valued at $514,000 after purchasing an additional 468 shares during the last quarter. Etfidea LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after buying an additional 473 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.1% in the 3rd 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 in the last quarter. Adirondack Trust Co. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after acquiring an additional 770 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 169,424 shares of the company’s stock valued at $12,158,000 after acquiring an additional 785 shares in the last quarter.

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

FNDX stock opened at $24.54 on Wednesday. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $21.25 and a 1-year high of $25.17. The firm has a fifty day moving average price of $24.28 and a two-hundred day moving average price of $24.05.

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.