Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Addison Advisors LLC

Addison Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,655 shares of the company’s stock after acquiring an additional 37,770 shares during the period. Addison Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,342,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Adirondack Trust Co. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after acquiring an additional 770 shares in the last quarter. Pinnacle Bancorp Inc. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the fourth 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. WealthShield Partners LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after acquiring an additional 895 shares in the last quarter. Icon Wealth Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at $108,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at $36,000.

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

Shares of NYSEARCA:FNDX opened at $24.55 on Tuesday. The stock has a market capitalization of $5.62 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $21.25 and a 1-year high of $25.17. The company’s fifty day moving average is $24.27 and its two-hundred day moving average is $24.04.

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.