Cathy Pareto & Associates Inc. Acquires Shares of 95,222 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cathy Pareto & Associates Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 95,222 shares of the company’s stock, valued at approximately $2,255,000. Schwab Fundamental U.S. Large Company Index ETF makes up 2.1% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Captrust Financial Advisors lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after purchasing an additional 313,382 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 18.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock valued at $229,383,000 after acquiring an additional 501,854 shares in the last quarter. McAdam LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 6.0% during the 3rd quarter. McAdam LLC now owns 2,916,821 shares of the company’s stock valued at $209,311,000 after acquiring an additional 165,937 shares during the period. Charles Schwab Trust Co increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the fourth quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after purchasing an additional 1,809,709 shares in the last quarter. Finally, Gemmer Asset Management LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 213.1% in the fourth quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock worth $58,581,000 after acquiring an additional 1,683,829 shares in the last quarter.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.68 on Monday. The company has a 50-day simple moving average of $24.29 and a two-hundred day simple moving average of $23.75. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.72 and a 52-week high of $25.17. The stock has a market capitalization of $5.65 billion, a PE 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.