Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Bruce G. Allen Investments LLC

Bruce G. Allen Investments LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 205.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 345,093 shares of the company’s stock after purchasing an additional 232,196 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 6.6% of Bruce G. Allen Investments LLC’s holdings, making the stock its 3rd biggest holding. Bruce G. Allen Investments LLC owned approximately 0.15% of Schwab Fundamental U.S. Large Company Index ETF worth $8,172,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in FNDX. Sugarloaf Wealth Management LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 12,223 shares of the company’s stock valued at $289,000 after acquiring an additional 8,168 shares during the period. Highline Wealth Partners LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF by 375.0% in the fourth quarter. Highline Wealth Partners LLC now owns 189,158 shares of the company’s stock valued at $4,479,000 after purchasing an additional 149,338 shares during the period. Collective Family Office LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF by 230.2% in the fourth quarter. Collective Family Office LLC now owns 222,777 shares of the company’s stock valued at $5,275,000 after purchasing an additional 155,306 shares during the period. Legend Financial Advisors Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 196.3% during the fourth quarter. Legend Financial Advisors Inc. now owns 408,425 shares of the company’s stock worth $9,672,000 after purchasing an additional 270,589 shares in the last quarter. Finally, Moller Wealth Partners boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 189.8% in the fourth quarter. Moller Wealth Partners now owns 766,515 shares of the company’s stock worth $18,151,000 after buying an additional 502,033 shares during the period.

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

NYSEARCA FNDX traded down $0.33 on Friday, reaching $23.46. The company had a trading volume of 2,226,408 shares, compared to its average volume of 1,905,918. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.21 and a 1 year high of $25.17. The firm has a 50-day moving average of $24.33 and a 200-day moving average of $23.59. The firm has a market capitalization of $5.37 billion, a PE ratio of 17.79 and a beta of 0.84.

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.