Cetera Investment Advisers Acquires 75,513 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Cetera Investment Advisers raised its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 11.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 747,908 shares of the company’s stock after buying an additional 75,513 shares during the period. Cetera Investment Advisers owned about 0.33% of Schwab Fundamental U.S. Large Company Index ETF worth $50,095,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in FNDX. Charles Schwab Investment Advisory Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.9% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 127,923,658 shares of the company’s stock worth $8,620,775,000 after acquiring an additional 2,406,870 shares during the period. Cetera Advisor Networks LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 879.8% in the 4th quarter. Cetera Advisor Networks LLC now owns 492,432 shares of the company’s stock worth $30,501,000 after buying an additional 442,176 shares during the last quarter. Captrust Financial Advisors increased its holdings in 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 buying an additional 204,998 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Schwab Fundamental U.S. Large Company Index ETF by 19.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,152,840 shares of the company’s stock worth $71,407,000 after acquiring an additional 189,244 shares during the period. Finally, TruNorth Capital Management LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF in the first quarter valued at about $12,060,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.5 %

Shares of FNDX stock opened at $71.38 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $53.32 and a 12-month high of $71.90. The company has a 50 day moving average of $69.30 and a 200-day moving average of $67.51. The firm has a market cap of $16.35 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.