Red Tortoise LLC Boosts Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Red Tortoise LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,056 shares of the company’s stock after acquiring an additional 5,508 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises 2.6% of Red Tortoise LLC’s investment portfolio, making the stock its 12th biggest position. Red Tortoise LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $4,587,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 12.5% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,508 shares of the company’s stock worth $93,000 after acquiring an additional 168 shares in the last quarter. PFG Advisors lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 0.6% during the 4th quarter. PFG Advisors now owns 29,793 shares of the company’s stock worth $1,845,000 after acquiring an additional 176 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 7,301 shares of the company’s stock worth $398,000 after acquiring an additional 187 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 4.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,830 shares of the company’s stock worth $258,000 after acquiring an additional 194 shares in the last quarter. Finally, Future Financial Wealth Managment LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 0.8% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 24,955 shares of the company’s stock worth $1,397,000 after purchasing an additional 201 shares during the period.

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

Shares of FNDX traded down $0.18 during mid-day trading on Wednesday, reaching $63.87. The company’s stock had a trading volume of 711,211 shares, compared to its average volume of 529,102. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $53.32 and a 12-month high of $67.52. The stock has a market cap of $12.88 billion, a PE ratio of 15.88 and a beta of 1.00. The company’s 50 day moving average is $65.21 and its 200 day moving average is $61.22.

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.