WealthShield Partners LLC Boosts Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

WealthShield Partners LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,340 shares of the company’s stock after buying an additional 895 shares during the period. WealthShield Partners LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $32,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. McAdam LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after buying an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after buying an additional 3,993,372 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock worth $333,059,000 after buying an additional 313,382 shares in the last quarter. Callan Capital LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the fourth quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock worth $88,107,000 after buying an additional 2,502,026 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock worth $229,383,000 after buying an additional 501,854 shares in the last quarter.

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

Shares of FNDX stock opened at $24.54 on Wednesday. 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 stock’s 50 day simple moving average is $24.28 and its two-hundred day simple moving average is $24.05. The company has a market cap of $5.62 billion, a PE ratio of 17.79 and a beta of 0.84.

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