Cabot Wealth Management Inc. Grows Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cabot Wealth Management Inc. increased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 192.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 649,395 shares of the company’s stock after purchasing an additional 427,017 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for 2.0% of Cabot Wealth Management Inc.’s portfolio, making the stock its 15th biggest position. Cabot Wealth Management Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $15,378,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Adirondack Trust Co. grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after buying an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in 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 buying an additional 1,093 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth $35,000. Decker Retirement Planning Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at $36,000. Finally, Global Wealth Strategies & Associates boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock valued at $41,000 after buying an additional 1,156 shares during the last quarter.

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

Shares of NYSEARCA FNDX opened at $24.55 on Friday. The firm’s 50-day moving average price is $24.27 and its 200-day moving average price is $24.01. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $21.25 and a 52-week high of $25.17. The company has a market cap of $5.62 billion, a PE ratio of 17.79 and a beta of 0.84.

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.