Townsend Asset Management Corp NC ADV Has $839,000 Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Townsend Asset Management Corp NC ADV grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 197.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,438 shares of the company’s stock after buying an additional 23,519 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $839,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. US Bancorp DE increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 60.1% during the 3rd quarter. US Bancorp DE now owns 6,915 shares of the company’s stock worth $496,000 after purchasing an additional 2,597 shares in the last quarter. Milestone Investment Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 5.5% during the third quarter. Milestone Investment Advisors LLC now owns 104,812 shares of the company’s stock worth $7,521,000 after buying an additional 5,488 shares in the last quarter. Maia Wealth LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 100.9% during the third quarter. Maia Wealth LLC now owns 9,542 shares of the company’s stock worth $685,000 after buying an additional 4,793 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $412,000. Finally, Mainstream Capital Management LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $230,000.

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

Shares of FNDX stock opened at $24.05 on Thursday. The firm has a 50-day moving average of $24.34 and a 200-day moving average of $24.11. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year high of $25.17. The company has a market cap of $17.70 billion, a P/E ratio of 19.51 and a beta of 1.00.

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.