Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stock Holdings Raised by Tanglewood Wealth Management Inc.
by Michael Walen · The Markets DailyTanglewood Wealth Management Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX – Free Report) by 162.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,544,410 shares of the company’s stock after acquiring an additional 956,169 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for 4.2% of Tanglewood Wealth Management Inc.’s portfolio, making the stock its 8th biggest holding. Tanglewood Wealth Management Inc. owned about 0.67% of Schwab Fundamental U.S. Large Company Index ETF worth $36,572,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Bruce G. Allen Investments LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.3% in the third quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock valued at $8,101,000 after purchasing an additional 288 shares during the period. Castleview Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $32,000. Howe & Rusling Inc. grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after buying an additional 468 shares in the last quarter. Etfidea LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after buying an additional 473 shares during the period. Finally, Godsey & Gibb Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 28.6% in the third quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock valued at $165,000 after acquiring an additional 512 shares in the last quarter.
Schwab Fundamental U.S. Large Company Index ETF Price Performance
Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.63 on Friday. The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The firm’s 50-day moving average is $24.31 and its two-hundred day moving average is $23.81. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.72 and a 1 year high of $25.17.
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.
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