Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Bought by Next Capital Management LLC

Next Capital Management LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 233.4% in the fourth quarter, Holdings Channel reports. The fund owned 52,796 shares of the company’s stock after buying an additional 36,958 shares during the period. Next Capital Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,250,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of FNDX. L.K. Benson & Company P.C. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth $624,000. Thrivent Financial for Lutherans boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 178.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 12,305 shares of the company’s stock worth $291,000 after buying an additional 7,887 shares during the period. Signaturefd LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 179.7% in the 4th quarter. Signaturefd LLC now owns 44,642 shares of the company’s stock valued at $1,057,000 after acquiring an additional 28,679 shares in the last quarter. Parallel Advisors LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 197.7% during the 4th quarter. Parallel Advisors LLC now owns 35,169 shares of the company’s stock worth $833,000 after buying an additional 23,354 shares during the period. Finally, SouthState Corp increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. SouthState Corp now owns 8,310 shares of the company’s stock worth $197,000 after acquiring an additional 5,540 shares during the period.

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

FNDX stock opened at $23.60 on Wednesday. The business’s 50-day moving average is $24.29 and its two-hundred day moving average is $24.13. The firm has a market capitalization 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.

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.