Wealth Enhancement Advisory Services LLC Buys 65,976 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Wealth Enhancement Advisory Services LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 67.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,360 shares of the company’s stock after purchasing an additional 65,976 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.08% of Schwab Fundamental U.S. Large Company Index ETF worth $11,076,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Cetera Advisor Networks LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 879.8% during the 4th 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 in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 12.7% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 17,795 shares of the company’s stock worth $1,102,000 after purchasing an additional 2,003 shares during the last quarter. Pacific Wealth Strategies Group Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.6% in the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 75,523 shares of the company’s stock valued at $4,678,000 after buying an additional 1,940 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 18.5% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 40,340 shares of the company’s stock valued at $2,499,000 after buying an additional 6,294 shares during the last quarter. Finally, Foster & Motley Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 4.9% during the 4th quarter. Foster & Motley Inc. now owns 92,326 shares of the company’s stock worth $5,719,000 after buying an additional 4,321 shares during the period.

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

Shares of NYSEARCA FNDX opened at $66.98 on Friday. The firm has a 50 day moving average price of $66.35 and a two-hundred day moving average price of $64.65. The stock has a market cap of $15.34 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $67.86.

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.