Parallel Advisors LLC Acquires 23,354 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Parallel Advisors LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 197.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,169 shares of the company’s stock after purchasing an additional 23,354 shares during the period. Parallel Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $833,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Brookstone Capital Management increased its position 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 valued at $460,000 after acquiring an additional 12,884 shares during the last quarter. Destination Wealth Management bought 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 position in Schwab Fundamental U.S. Large Company Index ETF by 12,276.7% during the fourth 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. Steward Partners Investment Advisory LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 204.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 30,639 shares of the company’s stock valued at $726,000 after acquiring an additional 20,565 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its position in Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the third quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after acquiring an additional 2,490 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.8 %

FNDX stock opened at $23.78 on Thursday. 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 stock has a market capitalization of $17.50 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00. The firm’s fifty day simple moving average is $24.29 and its two-hundred day simple moving average is $24.13.

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.