Highline Wealth Partners LLC Has $4.48 Million Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Highline Wealth Partners LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 375.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 189,158 shares of the company’s stock after purchasing an additional 149,338 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for about 1.5% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 19th largest holding. Highline Wealth Partners LLC owned 0.08% of Schwab Fundamental U.S. Large Company Index ETF worth $4,479,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 9.6% in the 2nd quarter. LPL Financial LLC now owns 472,086 shares of the company’s stock valued at $31,620,000 after acquiring an additional 41,328 shares in the last quarter. Johnson Investment Counsel Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 5.7% during the second quarter. Johnson Investment Counsel Inc. now owns 8,520 shares of the company’s stock valued at $571,000 after buying an additional 457 shares in the last quarter. Eagle Strategies LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF by 208.0% during the second quarter. Eagle Strategies LLC now owns 167,085 shares of the company’s stock valued at $11,191,000 after buying an additional 112,844 shares during the period. Main Street Financial Solutions LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 100.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 32,003 shares of the company’s stock worth $2,144,000 after acquiring an additional 16,057 shares in the last quarter. Finally, Parthenon LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the 2nd quarter valued at about $218,000.

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

Shares of NYSEARCA FNDX traded down $0.22 during mid-day trading on Friday, reaching $23.57. The company had a trading volume of 1,628,324 shares, compared to its average volume of 1,824,126. The stock has a fifty day moving average of $24.33 and a two-hundred day moving average of $23.59. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $20.21 and a 12-month high of $25.17. The company has a market capitalization of $5.40 billion, a price-to-earnings 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.