Red Tortoise LLC Buys 5,508 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Red Tortoise LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 8.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,056 shares of the company’s stock after acquiring an additional 5,508 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for about 2.6% of Red Tortoise LLC’s investment portfolio, making the stock its 12th biggest position. Red Tortoise LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $4,587,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Alpha Omega Wealth Management LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 11.0% in the fourth quarter. Alpha Omega Wealth Management LLC now owns 10,132 shares of the company’s stock worth $628,000 after acquiring an additional 1,004 shares during the last quarter. Main Street Research LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth approximately $283,000. Members Trust Co bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth approximately $326,000. Warner Financial Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.7% during the fourth quarter. Warner Financial Inc. now owns 16,000 shares of the company’s stock worth $991,000 after buying an additional 2,526 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.5% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 40,340 shares of the company’s stock worth $2,499,000 after buying an additional 6,294 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.3 %

Shares of FNDX traded down $0.18 on Wednesday, reaching $63.87. 711,211 shares of the company’s stock were exchanged, compared to its average volume of 529,102. The stock has a market capitalization of $12.88 billion, a P/E ratio of 15.88 and a beta of 1.00. The business has a 50 day moving average price of $65.21 and a two-hundred day moving average price of $61.22. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $53.32 and a 12 month high of $67.52.

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.