Cullen Frost Bankers Inc. Makes New $77,000 Investment in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cullen Frost Bankers Inc. purchased a new position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,234 shares of the company’s stock, valued at approximately $77,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Atria Investments Inc boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 149.6% in the fourth quarter. Atria Investments Inc now owns 8,686 shares of the company’s stock worth $206,000 after acquiring an additional 5,206 shares in the last quarter. Assetmark Inc. boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 724.5% in the fourth quarter. Assetmark Inc. now owns 3,768 shares of the company’s stock worth $89,000 after acquiring an additional 3,311 shares in the last quarter. Smithfield Trust Co boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Smithfield Trust Co now owns 9,540 shares of the company’s stock worth $225,000 after acquiring an additional 6,360 shares in the last quarter. Cookson Peirce & Co. Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth approximately $203,000. Finally, Mainstream Capital Management LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Mainstream Capital Management LLC now owns 9,612 shares of the company’s stock worth $228,000 after acquiring an additional 6,408 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.8 %

FNDX stock opened at $24.03 on Monday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.25 and a twelve month high of $25.17. The stock’s 50 day moving average is $24.33 and its 200-day moving average is $24.13. The firm has a market capitalization of $17.69 billion, a PE ratio of 19.51 and a beta of 1.00.

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.