Alpha Omega Wealth Management LLC Acquires 175 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Alpha Omega Wealth Management LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 1.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,307 shares of the company’s stock after acquiring an additional 175 shares during the quarter. Alpha Omega Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $695,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Steele Capital Management Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at about $118,825,000. Charles Schwab Investment Advisory Inc. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.9% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 125,516,788 shares of the company’s stock valued at $7,774,510,000 after buying an additional 1,131,337 shares during the period. Alps Advisors Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter valued at about $39,682,000. Cetera Advisor Networks LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 879.8% during the fourth quarter. Cetera Advisor Networks LLC now owns 492,432 shares of the company’s stock valued at $30,501,000 after buying an additional 442,176 shares during the period. Finally, Planned Solutions Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at about $21,114,000.

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

Shares of NYSEARCA FNDX traded up $0.11 during midday trading on Friday, hitting $66.98. 515,102 shares of the company traded hands, compared to its average volume of 477,384. The firm has a market cap of $15.34 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $53.32 and a 12-month high of $67.86. The stock has a 50-day moving average price of $66.35 and a 200 day moving average price of $64.65.

Schwab Fundamental U.S. Large Company Index ETF 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.