Gill Capital Partners LLC Takes Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Gill Capital Partners LLC acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 9,576 shares of the company’s stock, valued at approximately $227,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNDX. Castleview Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at about $32,000. Indiana Trust & Investment Management Co acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at $50,000. Marquette Asset Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at $71,000. Sound Income Strategies LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 526.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock worth $88,000 after acquiring an additional 1,032 shares in the last quarter. Finally, Pinnacle Bancorp Inc. grew its position in Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after acquiring an additional 1,093 shares in the last quarter.

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

Shares of FNDX opened at $24.37 on Friday. The stock has a market capitalization of $5.58 billion, a PE ratio of 17.79 and a beta of 0.84. The company’s 50-day simple moving average is $24.30 and its 200-day simple moving average is $23.66. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.22 and a 1 year high of $25.17.

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.