Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Verum Partners LLC

Verum Partners LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 37.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 114,044 shares of the company’s stock after acquiring an additional 31,274 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for 2.8% of Verum Partners LLC’s portfolio, making the stock its 9th largest position. Verum Partners LLC owned 0.06% of Schwab Fundamental U.S. Large Company Index ETF worth $7,064,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Gradient Investments LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 2,886.7% during the third quarter. Gradient Investments LLC now owns 448 shares of the company’s stock worth $25,000 after purchasing an additional 433 shares in the last quarter. Money Concepts Capital Corp bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at $30,000. Indiana Trust & Investment Management CO bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth about $34,000. Belpointe Asset Management LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 109.0% during the 1st quarter. Belpointe Asset Management LLC now owns 788 shares of the company’s stock worth $43,000 after buying an additional 411 shares in the last quarter. Finally, Comerica Bank bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth about $45,000.

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

NYSEARCA:FNDX traded up $0.88 on Wednesday, hitting $67.13. 393,719 shares of the company’s stock were exchanged, compared to its average volume of 547,319. The firm has a 50-day moving average price of $64.06 and a 200-day moving average price of $60.25. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $52.99 and a 52 week high of $67.16. The company has a market cap of $13.54 billion, a P/E ratio of 15.88 and a beta of 1.00.

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.