Droms Strauss Advisors Inc. MO ADV Has $4.66 Million Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Droms Strauss Advisors Inc. MO ADV boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.6% in the fourth quarter, Holdings Channel reports. The firm owned 196,790 shares of the company’s stock after purchasing an additional 131,320 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for 1.5% of Droms Strauss Advisors Inc. MO ADV’s investment portfolio, making the stock its 12th biggest holding. Droms Strauss Advisors Inc. MO ADV’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $4,660,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the company. Castleview Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at approximately $32,000. Howe & Rusling Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after buying an additional 468 shares during the period. Etfidea LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after buying an additional 473 shares during the period. Godsey & Gibb Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 28.6% in the third quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock valued at $165,000 after buying an additional 512 shares during the period. Finally, Signaturefd LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.2% in the third quarter. Signaturefd LLC now owns 15,963 shares of the company’s stock valued at $1,146,000 after buying an additional 648 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.81 on Monday. The stock has a market capitalization of $5.68 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.11 and a twelve month high of $25.17. The company has a 50 day moving average of $24.24 and a 200-day moving average of $23.93.

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.