JMG Financial Group Ltd. Raises Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

JMG Financial Group Ltd. grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 185.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,783 shares of the company’s stock after buying an additional 11,562 shares during the period. JMG Financial Group Ltd.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $421,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Adirondack Trust Co. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth 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 holdings in 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 period. McClarren Financial Advisors Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 4th 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 worth about $36,000. Finally, Global Wealth Strategies & Associates lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock worth $41,000 after purchasing an additional 1,156 shares in the last quarter.

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

Shares of NYSEARCA FNDX opened at $24.91 on Friday. The stock has a market capitalization of $5.70 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.11 and a 12-month high of $25.17. The firm’s 50-day moving average price is $24.26 and its 200-day moving average price is $23.98.

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.