Warner Financial Inc. Boosts Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Warner Financial Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 260.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,235 shares of the company’s stock after buying an additional 83,308 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises 1.2% of Warner Financial Inc.’s investment portfolio, making the stock its 26th biggest position. Warner Financial Inc. owned about 0.05% of Schwab Fundamental U.S. Large Company Index ETF worth $2,729,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of FNDX. Castleview Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at $32,000. Indiana Trust & Investment Management Co purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at about $50,000. Marquette Asset Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at about $71,000. Adirondack Trust Co. lifted its holdings 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 buying an additional 770 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 526.5% in the third quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock valued at $88,000 after acquiring an additional 1,032 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.2 %

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.74 on Tuesday. The firm’s 50 day simple moving average is $24.30 and its 200 day simple moving average is $23.76. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $20.72 and a 1-year high of $25.17. The firm has a market capitalization of $5.67 billion, a PE ratio of 17.79 and a beta of 0.84.

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.