Certified Advisory Corp Raises Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Certified Advisory Corp grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 240.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 716,231 shares of the company’s stock after purchasing an additional 506,044 shares during the period. Schwab Fundamental U.S. Large Company Index ETF makes up 1.8% of Certified Advisory Corp’s portfolio, making the stock its 9th biggest holding. Certified Advisory Corp owned 0.31% of Schwab Fundamental U.S. Large Company Index ETF worth $16,960,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pinnacle Bancorp Inc. grew its holdings 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 valued at $30,000 after buying an additional 1,093 shares in the last quarter. Castleview Partners LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at approximately $32,000. Global Wealth Strategies & Associates grew its position in 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 purchasing an additional 1,156 shares in the last quarter. Indiana Trust & Investment Management Co acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at approximately $50,000. Finally, Tsfg LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Tsfg LLC now owns 2,139 shares of the company’s stock worth $51,000 after buying an additional 1,426 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.1 %

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.17 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.21 and a 12 month high of $25.17. The stock has a market cap of $5.53 billion, a P/E ratio of 17.79 and a beta of 0.84. The company’s fifty day simple moving average is $24.30 and its 200-day simple moving average is $23.64.

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.