Paradigm Financial Partners LLC Has $3.62 Million Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Paradigm Financial Partners LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 11.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 58,492 shares of the company’s stock after purchasing an additional 6,089 shares during the period. Paradigm Financial Partners LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $3,623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at $25,000. Gradient Investments LLC grew its holdings in shares of 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. WealthShield Partners LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth $44,000. Arlington Trust Co LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth $80,000. Finally, Citigroup Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 20.1% during the 3rd quarter. Citigroup Inc. now owns 1,338 shares of the company’s stock worth $75,000 after purchasing an additional 224 shares in the last quarter.

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

Shares of FNDX traded up $0.17 during trading hours on Friday, hitting $65.04. 327,577 shares of the company were exchanged, compared to its average volume of 521,728. The company has a market cap of $14.76 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $53.32 and a fifty-two week high of $67.52. The firm’s fifty day moving average is $65.40 and its 200 day moving average is $61.68.

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.