Onyx Bridge Wealth Group LLC Takes Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Onyx Bridge Wealth Group LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, HoldingsChannel.com reports. The firm bought 10,575 shares of the company’s stock, valued at approximately $250,000.

Several other institutional investors have also made changes to their positions in FNDX. McAdam LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after acquiring an additional 6,193,223 shares in the last quarter. Charles Schwab Trust Co boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after acquiring an additional 1,809,709 shares in the last quarter. Gemmer Asset Management LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 213.1% during the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock valued at $58,581,000 after acquiring an additional 1,683,829 shares in the last quarter. Reston Wealth Management LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 209.5% during the 4th quarter. Reston Wealth Management LLC now owns 2,086,496 shares of the company’s stock valued at $49,408,000 after acquiring an additional 1,412,414 shares in the last quarter. Finally, Cornerstone Planning Group LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at about $93,978,000.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.68 on Friday. The firm’s 50-day simple moving average is $24.28 and its 200-day simple moving average is $23.84. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.78 and a twelve month high of $25.17. The firm has a market cap of $5.65 billion, a P/E 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.