Johnson Bixby & Associates LLC Boosts Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Johnson Bixby & Associates LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 194.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 83,733 shares of the company’s stock after purchasing an additional 55,275 shares during the quarter. Johnson Bixby & Associates LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,983,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Red Door Wealth Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth $244,000. Cedar Point Capital Partners LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 203.6% during the 4th quarter. Cedar Point Capital Partners LLC now owns 434,268 shares of the company’s stock worth $10,283,000 after purchasing an additional 291,208 shares during the period. Adirondack Trust Co. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after buying an additional 770 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at about $505,000. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 216.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 926,437 shares of the company’s stock worth $21,938,000 after buying an additional 633,268 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.7 %

Shares of FNDX stock opened at $24.70 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.70 and a twelve month high of $25.17. The stock has a market cap of $5.66 billion, a P/E ratio of 17.79 and a beta of 0.84. The stock has a 50 day moving average of $24.28 and a 200 day moving average of $23.71.

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.