Rice Partnership LLC Acquires 1,724 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Rice Partnership LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 110.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,286 shares of the company’s stock after purchasing an additional 1,724 shares during the period. Rice Partnership LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $78,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Castleview Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $32,000. Indiana Trust & Investment Management Co bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at $50,000. Marquette Asset Management LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at $71,000. Adirondack Trust Co. increased its position in 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 increased its position in 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 valued at $88,000 after acquiring an additional 1,032 shares during the last quarter.

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

FNDX stock opened at $24.63 on Monday. The firm’s fifty day simple moving average is $24.31 and its two-hundred day simple moving average is $23.81. The stock 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.

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.