SJS Investment Consulting Inc. Has $60,000 Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

SJS Investment Consulting Inc. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,523 shares of the company’s stock after buying an additional 1,682 shares during the period. SJS Investment Consulting Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $60,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Brookstone Capital Management raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the fourth quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after acquiring an additional 12,884 shares in the last quarter. Destination Wealth Management acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth about $209,000. Peapack Gladstone Financial Corp increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock worth $6,585,000 after purchasing an additional 2,490 shares in the last quarter. Stifel Financial Corp lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after purchasing an additional 2,834 shares during the last quarter. Finally, Synovus Financial Corp boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 92.6% in the third quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock valued at $8,514,000 after buying an additional 57,059 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.1 %

NYSEARCA FNDX opened at $24.68 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $20.72 and a 1-year high of $25.17. The company has a 50 day moving average of $24.29 and a 200-day moving average of $23.73. The firm has a market cap of $5.65 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.