Compass Planning Associates Inc Makes New $565,000 Investment in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Compass Planning Associates Inc bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 23,863 shares of the company’s stock, valued at approximately $565,000. Schwab Fundamental U.S. Large Company Index ETF comprises 0.6% of Compass Planning Associates Inc’s investment portfolio, making the stock its 20th largest holding.

Several other hedge funds have also recently modified their holdings of the business. Adirondack Trust Co. grew its position in 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 purchasing an additional 770 shares during the period. Pinnacle Bancorp Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the 4th 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. Icon Wealth Advisors LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at $108,000. Decker Retirement Planning Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at $36,000. Finally, McClarren Financial Advisors Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at about $35,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.4 %

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.91 on Friday. The business has a 50-day simple moving average of $24.26 and a two-hundred day simple moving average of $23.98. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $21.11 and a 52-week high of $25.17. The company has a market cap of $5.70 billion, a P/E 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.