Sinecera Capital LLC Takes $210,000 Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Sinecera Capital LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 3,384 shares of the company’s stock, valued at approximately $210,000. Schwab Fundamental U.S. Large Company Index ETF makes up 0.2% of Sinecera Capital LLC’s investment portfolio, making the stock its 26th largest holding.

Several other hedge funds have also bought and sold shares of FNDX. Gradient Investments LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 2,886.7% during the 3rd quarter. Gradient Investments LLC now owns 448 shares of the company’s stock worth $25,000 after purchasing an additional 433 shares in the last quarter. Money Concepts Capital Corp bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $30,000. Indiana Trust & Investment Management CO bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $34,000. MUFG Americas Holdings Corp purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at about $42,000. Finally, Belpointe Asset Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 109.0% in the first quarter. Belpointe Asset Management LLC now owns 788 shares of the company’s stock valued at $43,000 after purchasing an additional 411 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.3 %

Schwab Fundamental U.S. Large Company Index ETF stock traded up $0.23 during midday trading on Thursday, hitting $67.39. 429,606 shares of the stock were exchanged, compared to its average volume of 545,389. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $67.52. The business’s 50-day moving average price is $64.30 and its 200-day moving average price is $60.35. The stock has a market capitalization of $13.59 billion, a price-to-earnings ratio of 15.88 and a beta of 1.00.

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.