Cullen Frost Bankers Inc. Acquires Shares of 3,234 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cullen Frost Bankers Inc. acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 3,234 shares of the company’s stock, valued at approximately $77,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDX. US Bancorp DE increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 60.1% during the 3rd quarter. US Bancorp DE now owns 6,915 shares of the company’s stock worth $496,000 after buying an additional 2,597 shares during the last quarter. Paragon Capital Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $254,000. Nations Financial Group Inc. IA ADV increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,831 shares of the company’s stock worth $1,208,000 after buying an additional 668 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 28.2% during the 3rd quarter. Harbour Investments Inc. now owns 19,564 shares of the company’s stock worth $1,404,000 after buying an additional 4,305 shares during the last quarter. Finally, Savvy Advisors Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the 3rd quarter. Savvy Advisors Inc. now owns 31,280 shares of the company’s stock worth $2,245,000 after buying an additional 2,047 shares during the last quarter.

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

Shares of NYSEARCA FNDX opened at $24.03 on Monday. The company has a 50 day simple moving average of $24.33 and a 200-day simple moving average of $24.13. The company has a market capitalization of $17.69 billion, a P/E ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $21.25 and a 1 year 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.