Jones Financial Companies Lllp Grows Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Jones Financial Companies Lllp boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 571.1% during the 4th quarter, Holdings Channel reports. The firm owned 186,125 shares of the company’s stock after buying an additional 158,391 shares during the period. Jones Financial Companies Lllp’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $4,407,000 at the end of the most recent reporting period.

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

Schwab Fundamental U.S. Large Company Index ETF Stock Down 1.8 %

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.87 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.25 and a twelve month high of $25.17. The business has a 50-day moving average price of $24.34 and a 200-day moving average price of $24.11. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00.

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.