Delta Financial Group Inc. Takes Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Delta Financial Group Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,039 shares of the company’s stock, valued at approximately $309,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. McAdam LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after acquiring an additional 6,193,223 shares during the last quarter. Steele Capital Management Inc. grew its holdings in 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 valued at $141,589,000 after purchasing an additional 3,993,372 shares during the period. Captrust Financial Advisors grew its holdings in 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 valued at $333,059,000 after purchasing an additional 313,382 shares during the period. Callan Capital LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 205.3% during the fourth quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock worth $88,107,000 after purchasing an additional 2,502,026 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 18.6% during the third quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock worth $229,383,000 after purchasing an additional 501,854 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 1.4 %

Shares of FNDX opened at $24.55 on Monday. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17. The company’s fifty day moving average is $24.27 and its two-hundred day moving average is $24.02. The firm has a market cap of $5.62 billion, a PE ratio of 17.79 and a beta of 0.84.

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.