Droms Strauss Advisors Inc. MO ADV Purchases 131,320 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Droms Strauss Advisors Inc. MO ADV boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 196,790 shares of the company’s stock after purchasing an additional 131,320 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises about 1.5% of Droms Strauss Advisors Inc. MO ADV’s investment portfolio, making the stock its 12th biggest position. Droms Strauss Advisors Inc. MO ADV owned 0.09% of Schwab Fundamental U.S. Large Company Index ETF worth $4,660,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Castleview Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth about $32,000. Adirondack Trust Co. raised its stake 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 worth $27,000 after acquiring an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after acquiring an additional 1,093 shares during the last quarter. Icon Wealth Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $108,000. Finally, Decker Retirement Planning Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth approximately $36,000.

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

Shares of NYSEARCA:FNDX opened at $24.81 on Monday. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.11 and a one year high of $25.17. The company has a 50 day moving average of $24.24 and a 200-day moving average of $23.93. The stock has a market cap of $5.68 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.