Meeder Advisory Services Inc. Purchases New Shares in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Meeder Advisory Services Inc. acquired a new position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,851 shares of the company’s stock, valued at approximately $325,000.

Other large investors have also modified their holdings of the company. Cetera Advisor Networks LLC raised its position in 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 worth $30,501,000 after acquiring an additional 442,176 shares during the period. Nations Financial Group Inc. IA ADV lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 12.7% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 17,795 shares of the company’s stock valued at $1,102,000 after buying an additional 2,003 shares in the last quarter. Avestar Capital LLC acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth about $2,111,000. Tidemark LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth approximately $36,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 14.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,515 shares of the company’s stock valued at $404,000 after acquiring an additional 799 shares during the last quarter.

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

NYSEARCA FNDX opened at $69.99 on Monday. The stock’s 50 day simple moving average is $68.73 and its 200-day simple moving average is $67.05. The company has a market cap of $16.03 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $53.32 and a 1-year high of $70.91.

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