JMG Financial Group Ltd. Increases Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

JMG Financial Group Ltd. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 185.9% during the 4th quarter, Holdings Channel reports. The firm owned 17,783 shares of the company’s stock after buying an additional 11,562 shares during the quarter. JMG Financial Group Ltd.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $421,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of FNDX. Foundations Investment Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at approximately $237,000. Sequoia Financial Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 29.0% during the third quarter. Sequoia Financial Advisors LLC now owns 39,542 shares of the company’s stock valued at $2,838,000 after acquiring an additional 8,878 shares during the last quarter. Signaturefd LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.2% during the third quarter. Signaturefd LLC now owns 15,963 shares of the company’s stock worth $1,146,000 after buying an additional 648 shares during the period. McAdam LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 6.0% in the 3rd quarter. McAdam LLC now owns 2,916,821 shares of the company’s stock valued at $209,311,000 after acquiring an additional 165,937 shares in the last quarter. Finally, Northland Capital Management LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 11.2% during the 3rd quarter. Northland Capital Management LLC now owns 149,036 shares of the company’s stock worth $10,695,000 after buying an additional 15,056 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.4 %

Shares of NYSEARCA:FNDX opened at $24.91 on Friday. The firm’s 50 day moving average price is $24.26 and its 200 day moving average price is $23.98. The stock has a market cap of $5.70 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 fifty-two week low of $21.11 and a fifty-two week 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.