Lowery Thomas LLC Acquires 8,191 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Lowery Thomas LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,911 shares of the company’s stock after purchasing an additional 8,191 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises 5.2% of Lowery Thomas LLC’s holdings, making the stock its 6th biggest holding. Lowery Thomas LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $6,003,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth approximately $25,000. Gradient Investments LLC grew its position in 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 valued at $25,000 after purchasing an additional 433 shares in the last quarter. WealthShield Partners LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at approximately $44,000. Arlington Trust Co LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at approximately $80,000. Finally, Citigroup Inc. grew its position in Schwab Fundamental U.S. Large Company Index ETF by 20.1% during the third quarter. Citigroup Inc. now owns 1,338 shares of the company’s stock valued at $75,000 after purchasing an additional 224 shares in the last quarter.

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

FNDX traded up $0.17 on Friday, reaching $65.04. 327,577 shares of the company traded hands, compared to its average volume of 521,728. The stock’s 50 day moving average price is $65.40 and its 200-day moving average price is $61.68. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $67.52. The company has a market cap of $14.76 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86.

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.