Financial Synergies Wealth Advisors Inc. Grows Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Financial Synergies Wealth Advisors Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 176.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 56,502 shares of the company’s stock after acquiring an additional 36,070 shares during the period. Financial Synergies Wealth Advisors Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,338,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Brookstone Capital Management raised its stake 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 worth $460,000 after purchasing 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 3rd quarter worth $209,000. Peapack Gladstone Financial Corp lifted its stake in shares of 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 acquiring an additional 2,490 shares during the period. Stifel Financial Corp boosted its holdings in shares of 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 in the last quarter. Finally, Synovus Financial Corp increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 92.6% during the third quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock worth $8,514,000 after acquiring an additional 57,059 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.0 %

NYSEARCA FNDX opened at $24.68 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.78 and a 52-week high of $25.17. The firm has a 50-day moving average price of $24.28 and a 200 day moving average price of $23.84. The stock has a market capitalization of $5.65 billion, a P/E ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index ETF 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.