Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by Prosperity Wealth Management Inc.

Prosperity Wealth Management Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 124.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 12,519 shares of the company’s stock after buying an additional 6,936 shares during the period. Prosperity Wealth Management Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $296,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Citizens Financial Group Inc. RI acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth $216,000. Independent Advisor Alliance acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth $413,000. Johnson Investment Counsel Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 211.7% in the 4th quarter. Johnson Investment Counsel Inc. now owns 25,903 shares of the company’s stock worth $613,000 after acquiring an additional 17,593 shares during the last quarter. Midland Wealth Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 237.2% in the 4th quarter. Midland Wealth Advisors LLC now owns 132,367 shares of the company’s stock worth $3,134,000 after acquiring an additional 93,109 shares during the last quarter. Finally, Lowery Thomas LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 211.3% during the fourth quarter. Lowery Thomas LLC now owns 363,149 shares of the company’s stock valued at $8,599,000 after buying an additional 246,511 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.3 %

NYSEARCA:FNDX opened at $23.23 on Thursday. The firm has a market capitalization of $17.10 billion, a price-to-earnings 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. The business’s fifty day moving average price is $24.32 and its 200 day moving average price is $24.13.

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.