Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stock Position Raised by Oxford Financial Group LTD. LLC

Oxford Financial Group LTD. LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 191.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,128,320 shares of the company’s stock after purchasing an additional 740,955 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for about 1.7% of Oxford Financial Group LTD. LLC’s investment portfolio, making the stock its 13th largest position. Oxford Financial Group LTD. LLC owned approximately 0.49% of Schwab Fundamental U.S. Large Company Index ETF worth $26,719,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Lee Danner & Bass Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth about $93,000. Goodman Financial Corp raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.7% in the 4th quarter. Goodman Financial Corp now owns 13,320 shares of the company’s stock valued at $315,000 after acquiring an additional 8,891 shares in the last quarter. HUB Investment Partners LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 311.9% in the 4th quarter. HUB Investment Partners LLC now owns 25,674 shares of the company’s stock valued at $608,000 after acquiring an additional 19,441 shares in the last quarter. Whittier Trust Co. bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at approximately $312,000. Finally, Elevate Wealth Advisory Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 9,840 shares of the company’s stock valued at $233,000 after acquiring an additional 6,560 shares in the last quarter.

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

Shares of FNDX stock opened at $23.73 on Friday. The stock’s 50 day simple moving average is $24.29 and its 200 day simple moving average is $24.13. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.25 and a twelve month high of $25.17. The company has a market capitalization of $17.40 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00.

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.