Cornerstone Planning Group LLC Has $33.57 Million Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cornerstone Planning Group LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 3.6% in the 4th quarter, Holdings Channel reports. The fund owned 1,356,697 shares of the company’s stock after buying an additional 47,079 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for about 8.2% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 4th biggest position. Cornerstone Planning Group LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $33,565,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Castleview Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $32,000. Indiana Trust & Investment Management Co purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at $50,000. Adirondack Trust Co. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after purchasing an additional 770 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 526.5% in the third quarter. Sound Income Strategies LLC now owns 1,228 shares of the company’s stock valued at $88,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Pinnacle Bancorp Inc. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after buying an additional 1,093 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.9 %

Shares of FNDX opened at $24.45 on Monday. The firm has a market capitalization of $5.60 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $20.78 and a 12-month high of $25.17. The firm has a fifty day moving average price of $24.26 and a 200-day moving average price of $23.87.

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.