LPL Financial LLC Has $31.62 Million Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

LPL Financial LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 9.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 472,086 shares of the company’s stock after acquiring an additional 41,328 shares during the period. LPL Financial LLC owned approximately 0.21% of Schwab Fundamental U.S. Large Company Index ETF worth $31,620,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of FNDX. Rollins Financial grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 16.9% in the fourth quarter. Rollins Financial now owns 57,872 shares of the company’s stock valued at $3,585,000 after acquiring an additional 8,384 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at about $811,000. PNC Financial Services Group Inc. grew its stake in 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 worth $404,000 after buying an additional 799 shares in the last quarter. UBS Group AG grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 7.8% during the fourth quarter. UBS Group AG now owns 502,751 shares of the company’s stock worth $31,140,000 after buying an additional 36,196 shares in the last quarter. Finally, Thoroughbred Financial Services LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 46.7% during the fourth quarter. Thoroughbred Financial Services LLC now owns 43,735 shares of the company’s stock worth $2,709,000 after buying an additional 13,914 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.7 %

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $70.46 on Tuesday. The company has a market capitalization of $16.14 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $53.32 and a 12-month high of $70.91. The firm’s 50-day moving average price is $68.79 and its two-hundred day moving average price is $67.09.

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.