L.K. Benson & Company P.C. Acquires New Shares in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

L.K. Benson & Company P.C. bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, Holdings Channel.com reports. The firm bought 26,370 shares of the company’s stock, valued at approximately $624,000.

Several other institutional investors also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after acquiring an additional 262,526,108 shares in the last quarter. McAdam LLC boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after purchasing an additional 6,193,223 shares during the period. Steele Capital Management Inc. grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during 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 last quarter. Glassman Wealth Services raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.8% in the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock valued at $106,910,000 after purchasing an additional 3,014,069 shares during the period. Finally, Callan Capital LLC lifted its stake 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 during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.5 %

NYSEARCA FNDX opened at $23.60 on Wednesday. The company has a market cap of $17.37 billion, a P/E ratio of 19.51 and a beta of 1.00. 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 has a fifty day simple moving average of $24.29 and a 200 day simple moving average of $24.13.

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.