Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Arlington Financial Advisors LLC

Arlington Financial Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 197.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 387,494 shares of the company’s stock after buying an additional 257,238 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises 1.8% of Arlington Financial Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. Arlington Financial Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $9,176,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Castleview Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $32,000. Indiana Trust & Investment Management Co acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at $50,000. Adirondack Trust Co. increased its stake in 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 valued at $27,000 after purchasing an additional 770 shares during the period. Sound Income Strategies LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 526.5% in the third quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock valued at $88,000 after buying an additional 1,032 shares during the last quarter. Finally, Pinnacle Bancorp Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after buying an additional 1,093 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.9 %

Shares of FNDX stock opened at $24.45 on Friday. The stock’s 50-day moving average price is $24.28 and its 200 day moving average price is $23.84. The stock has a market capitalization of $5.60 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.78 and a 52-week high of $25.17.

Schwab Fundamental U.S. Large Company Index ETF 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.