Opes Wealth Management LLC Acquires 324,164 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Opes Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 199.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 486,860 shares of the company’s stock after purchasing an additional 324,164 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for approximately 2.4% of Opes Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Opes Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $11,529,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Adirondack Trust Co. lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after purchasing an additional 770 shares during the period. Pinnacle Bancorp Inc. lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after purchasing an additional 1,093 shares during the period. Castleview Partners LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at approximately $32,000. McClarren Financial Advisors Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at approximately $35,000. Finally, Decker Retirement Planning Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at approximately $36,000.

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

Shares of NYSEARCA:FNDX opened at $24.81 on Friday. The company has a market capitalization of $5.68 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The firm’s 50 day simple moving average is $24.24 and its 200 day simple moving average is $23.93. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.11 and a fifty-two week high of $25.17.

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.