Pallas Capital Advisors LLC Boosts Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Pallas Capital Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 411,466 shares of the company’s stock after purchasing an additional 2,071 shares during the quarter. Pallas Capital Advisors LLC owned 0.18% of Schwab Fundamental U.S. Large Company Index ETF worth $9,744,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of FNDX. Abound Wealth Management lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 239.6% during the 4th quarter. Abound Wealth Management now owns 15,707 shares of the company’s stock worth $372,000 after acquiring an additional 11,082 shares in the last quarter. Wedmont Private Capital increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Wedmont Private Capital now owns 35,572 shares of the company’s stock worth $835,000 after purchasing an additional 23,715 shares during the period. Salem Investment Counselors Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 203.3% during the fourth quarter. Salem Investment Counselors Inc. now owns 62,029 shares of the company’s stock worth $1,469,000 after purchasing an additional 41,579 shares in the last quarter. Envision Financial LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $13,122,000. Finally, Capital Investment Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 276.7% in the fourth quarter. Capital Investment Advisors LLC now owns 22,928 shares of the company’s stock valued at $543,000 after purchasing an additional 16,841 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.7 %

Schwab Fundamental U.S. Large Company Index ETF stock traded up $0.17 during mid-day trading on Monday, reaching $23.65. 2,518,255 shares of the company’s stock were exchanged, compared to its average volume of 2,031,251. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.21 and a twelve month high of $25.17. The company has a market cap of $5.42 billion, a P/E ratio of 17.79 and a beta of 0.84. The company has a fifty day moving average of $24.32 and a 200-day moving average of $23.62.

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.