Pinney & Scofield Inc. Acquires Shares of 1,395 Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Pinney & Scofield Inc. acquired a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,395 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FNDX. IAG Wealth Partners LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 200.0% during the fourth quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock valued at $26,000 after acquiring an additional 740 shares in the last quarter. WealthShield Partners LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 201.1% during the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after acquiring an additional 895 shares in the last quarter. American Capital Advisory LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 201.4% during the fourth quarter. American Capital Advisory LLC now owns 1,784 shares of the company’s stock valued at $42,000 after acquiring an additional 1,192 shares in the last quarter. Tidemark LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 201.8% during the fourth quarter. Tidemark LLC now owns 1,799 shares of the company’s stock valued at $43,000 after acquiring an additional 1,203 shares in the last quarter. Finally, Oarsman Capital Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at approximately $32,000.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.4%

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $23.35 on Friday. The company has a market cap of $17.51 billion, a PE ratio of 17.98 and a beta of 0.95. The business has a 50 day moving average of $22.90 and a 200 day moving average of $23.84. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $25.17.

About Schwab Fundamental U.S. Large Company 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.