Fifth Third Securities Inc. Increases Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Fifth Third Securities Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 13.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,410 shares of the company’s stock after purchasing an additional 2,925 shares during the quarter. Fifth Third Securities Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,712,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cetera Advisor Networks LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 879.8% in the fourth quarter. Cetera Advisor Networks LLC now owns 492,432 shares of the company’s stock worth $30,501,000 after acquiring an additional 442,176 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 12.7% during the 4th 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 period. Pacific Wealth Strategies Group Inc. increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 2.6% during the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 75,523 shares of the company’s stock worth $4,678,000 after purchasing an additional 1,940 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position 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 purchasing an additional 6,294 shares in the last quarter. Finally, Foster & Motley Inc. grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.9% during the fourth 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 in the last quarter.

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

FNDX stock opened at $66.82 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $53.32 and a fifty-two week high of $67.86. The company’s 50 day moving average price is $66.39 and its 200 day moving average price is $64.72. The firm has a market capitalization of $15.30 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.