Commonwealth Equity Services LLC Purchases 32,900 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Commonwealth Equity Services LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 8.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 424,046 shares of the company’s stock after purchasing an additional 32,900 shares during the quarter. Commonwealth Equity Services LLC owned 0.19% of Schwab Fundamental U.S. Large Company Index ETF worth $28,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in FNDX. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.9% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 127,923,658 shares of the company’s stock valued at $8,620,775,000 after purchasing an additional 2,406,870 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 641.0% in the first quarter. Cetera Investment Advisers now owns 672,395 shares of the company’s stock valued at $45,313,000 after acquiring an additional 581,648 shares during the period. Cetera Advisor Networks LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 879.8% during the fourth quarter. Cetera Advisor Networks LLC now owns 492,432 shares of the company’s stock valued at $30,501,000 after acquiring an additional 442,176 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.3% during the first quarter. Captrust Financial Advisors now owns 3,019,066 shares of the company’s stock worth $203,455,000 after purchasing an additional 204,998 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 19.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,152,840 shares of the company’s stock worth $71,407,000 after purchasing an additional 189,244 shares during the period.

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

Shares of FNDX stock opened at $70.84 on Monday. The business’s 50 day moving average price is $68.27 and its 200-day moving average price is $66.67. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $53.32 and a fifty-two week high of $70.91. The firm has a market cap of $16.22 billion, a P/E ratio of 17.79 and a beta of 0.84.

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.