Dechtman Wealth Management LLC Acquires 20,043 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Dechtman Wealth Management LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,994 shares of the company’s stock after buying an additional 20,043 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 0.1% of Dechtman Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Dechtman Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $710,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of FNDX. Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after purchasing an additional 262,526,108 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 225.0% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock valued at $246,015,000 after buying an additional 7,192,613 shares during the last quarter. McAdam LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after buying an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after buying an additional 3,993,372 shares during the last quarter. Finally, Glassman Wealth Services raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.8% during the 4th quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after acquiring an additional 3,014,069 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.1 %

NYSEARCA:FNDX opened at $23.97 on Wednesday. The firm has a 50 day moving average of $24.30 and a 200 day moving average of $24.15. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $21.25 and a 52 week high of $25.17. The stock has a market capitalization of $17.57 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00.

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.