Compass Planning Associates Inc Makes New $565,000 Investment in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Compass Planning Associates Inc acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 23,863 shares of the company’s stock, valued at approximately $565,000. Schwab Fundamental U.S. Large Company Index ETF makes up about 0.6% of Compass Planning Associates Inc’s holdings, making the stock its 20th largest position.

Other hedge funds also recently made changes to their positions in the company. Brookstone Capital Management raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the fourth quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock valued at $460,000 after acquiring an additional 12,884 shares during the period. Destination Wealth Management purchased a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth approximately $209,000. Peapack Gladstone Financial Corp boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock worth $6,585,000 after purchasing an additional 2,490 shares during the period. Stifel Financial Corp grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after buying an additional 2,834 shares in the last quarter. Finally, Arlington Financial Advisors LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the fourth quarter. Arlington Financial Advisors LLC now owns 387,494 shares of the company’s stock valued at $9,176,000 after buying an additional 257,238 shares during the last quarter.

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

FNDX stock opened at $24.91 on Friday. The company has a market capitalization of $5.70 billion, a PE ratio of 17.79 and a beta of 0.84. The company’s fifty day moving average price is $24.26 and its 200-day moving average price is $23.98. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.11 and a one year high of $25.17.

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.