Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 15.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,296,701 shares of the company’s stock after purchasing an additional 176,979 shares during the period. Envestnet Asset Management Inc. owned approximately 0.57% of Schwab Fundamental U.S. Large Company Index ETF worth $86,853,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FNDX. Geneos Wealth Management Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 276.0% in the first quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock valued at $26,000 after purchasing an additional 287 shares in the last quarter. Able Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $28,000. Palisade Asset Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the first quarter valued at approximately $30,000. Johnson Financial Group Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 262.2% in the fourth quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock valued at $33,000 after purchasing an additional 388 shares in the last quarter. Finally, Tidemark LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $36,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.2 %

NYSEARCA FNDX opened at $70.58 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $53.32 and a 52 week high of $70.91. The stock has a market capitalization of $16.16 billion, a PE ratio of 17.79 and a beta of 0.84. The firm has a 50 day moving average of $68.86 and a two-hundred day moving average of $67.13.

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.