Nabity Jensen Investment Management Inc Acquires 24,272 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Nabity Jensen Investment Management Inc increased its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 274.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,118 shares of the company’s stock after purchasing an additional 24,272 shares during the period. Nabity Jensen Investment Management Inc’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $784,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Destination Wealth Management bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth about $209,000. Stifel Financial Corp boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after purchasing an additional 2,834 shares during the period. Peapack Gladstone Financial Corp grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the third quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after purchasing an additional 2,490 shares during the last quarter. Synovus Financial Corp raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 92.6% in the third quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock valued at $8,514,000 after purchasing an additional 57,059 shares during the period. Finally, Firestone Capital Management raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.6% in the second quarter. Firestone Capital Management now owns 260,270 shares of the company’s stock valued at $17,433,000 after purchasing an additional 3,998 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.5 %

NYSEARCA FNDX opened at $23.78 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.21 and a 1 year high of $25.17. The company has a fifty day simple moving average of $24.32 and a 200 day simple moving average of $23.64. The company has a market cap of $5.45 billion, a P/E ratio of 17.79 and a beta of 0.84.

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.