SOL Capital Management CO Purchases 18,400 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

SOL Capital Management CO lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,600 shares of the company’s stock after acquiring an additional 18,400 shares during the quarter. SOL Capital Management CO’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $654,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FNDX. Castleview Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth about $32,000. Indiana Trust & Investment Management Co bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $50,000. Marquette Asset Management LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at approximately $71,000. Adirondack Trust Co. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after acquiring an additional 770 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 526.5% during the third quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock worth $88,000 after purchasing an additional 1,032 shares during the period.

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

NYSEARCA FNDX opened at $24.63 on Friday. The company has a market capitalization of $5.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.72 and a twelve month high of $25.17. The stock has a fifty day simple moving average of $24.31 and a 200 day simple moving average of $23.80.

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.