Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Arcadia Investment Advisors LLC

Arcadia Investment Advisors LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 174.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,818 shares of the company’s stock after purchasing an additional 31,640 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF makes up about 0.6% of Arcadia Investment Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Arcadia Investment Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,180,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. McAdam LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after purchasing an additional 6,193,223 shares in the last quarter. Charles Schwab Trust Co increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock worth $64,132,000 after purchasing an additional 1,809,709 shares in the last quarter. Gemmer Asset Management LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 213.1% in the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock worth $58,581,000 after purchasing an additional 1,683,829 shares in the last quarter. Reston Wealth Management LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 209.5% in the 4th quarter. Reston Wealth Management LLC now owns 2,086,496 shares of the company’s stock worth $49,408,000 after purchasing an additional 1,412,414 shares in the last quarter. Finally, Cornerstone Planning Group LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at about $93,978,000.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

NYSEARCA:FNDX opened at $24.63 on Monday. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.72 and a fifty-two week high of $25.17. The stock’s 50-day moving average is $24.31 and its two-hundred day moving average is $23.81. The stock has a market cap of $5.64 billion, a PE 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.