Sage Financial Group Inc. Acquires 24,349 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Sage Financial Group Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 197.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,675 shares of the company’s stock after purchasing an additional 24,349 shares during the period. Sage Financial Group Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Captrust Financial Advisors increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock worth $333,059,000 after buying an additional 313,382 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock valued at $229,383,000 after acquiring an additional 501,854 shares during the last quarter. McAdam LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 6.0% in the third quarter. McAdam LLC now owns 2,916,821 shares of the company’s stock valued at $209,311,000 after acquiring an additional 165,937 shares during the last quarter. Charles Schwab Trust Co raised its position in Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the fourth quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after purchasing an additional 1,809,709 shares in the last quarter. Finally, Gemmer Asset Management LLC lifted its position 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 buying an additional 1,683,829 shares during the last quarter.

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

Shares of FNDX opened at $24.66 on Thursday. The firm has a market cap of $5.65 billion, a P/E ratio of 17.79 and a beta of 0.84. 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 stock has a 50 day simple moving average of $24.31 and a two-hundred day simple moving average of $23.78.

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.