Flputnam Investment Management Co. Has $309,000 Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Flputnam Investment Management Co. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,056 shares of the company’s stock after acquiring an additional 8,704 shares during the period. Flputnam Investment Management Co.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $309,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Brookstone Capital Management lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the fourth quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after purchasing an additional 12,884 shares during the last quarter. Destination Wealth Management acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth $209,000. Blue Trust Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 12,276.7% during the 4th quarter. Blue Trust Inc. now owns 5,322 shares of the company’s stock worth $126,000 after buying an additional 5,279 shares during the last quarter. Peapack Gladstone Financial Corp boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the third quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after buying an additional 2,490 shares in the last quarter. Finally, Stifel Financial Corp grew its position in Schwab Fundamental U.S. Large Company Index ETF by 38.1% in the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after acquiring an additional 2,834 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 1.3 %

Shares of NYSEARCA FNDX opened at $24.31 on Tuesday. The company has a market cap of $17.89 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $21.25 and a 12 month high of $25.17. The stock has a 50-day moving average price of $24.33 and a two-hundred day moving average price of $24.10.

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.