Avantax Advisory Services Inc. Raises Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Avantax Advisory Services Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 369.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,371 shares of the company’s stock after purchasing an additional 15,242 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $459,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Adirondack Trust Co. grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after purchasing an additional 770 shares in the last quarter. WealthShield Partners LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after acquiring an additional 895 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 49.0% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,957 shares of the company’s stock valued at $212,000 after acquiring an additional 973 shares during the last quarter. Pinnacle Bancorp Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after acquiring an additional 1,093 shares in the last quarter. Finally, Global Wealth Strategies & Associates lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock worth $41,000 after purchasing an additional 1,156 shares during the last quarter.

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

FNDX stock opened at $23.66 on Monday. The firm has a market cap of $17.35 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $21.25 and a 1-year high of $25.17. The firm has a fifty day moving average price of $24.29 and a two-hundred day moving average price of $24.14.

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.