Smithfield Trust Co Purchases 6,360 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Smithfield Trust Co grew its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,540 shares of the company’s stock after acquiring an additional 6,360 shares during the period. Smithfield Trust Co’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $225,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FNDX. Adirondack Trust Co. raised its stake in shares of 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 worth $27,000 after acquiring an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. raised its stake in shares of 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 worth $30,000 after acquiring an additional 1,093 shares during the last quarter. WealthShield Partners LLC raised its stake in shares of 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 worth $32,000 after acquiring an additional 895 shares during the last quarter. Icon Wealth Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at $108,000. Finally, Decker Retirement Planning Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at $36,000.

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

Shares of FNDX opened at $24.05 on Thursday. The firm has a market capitalization of $17.70 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00. The business’s fifty day moving average price is $24.34 and its two-hundred day moving average price is $24.11. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $21.25 and a 52 week high of $25.17.

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.