Certified Advisory Corp Has $11.84 Million Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Certified Advisory Corp raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 62.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 176,728 shares of the company’s stock after purchasing an additional 67,802 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for about 1.5% of Certified Advisory Corp’s portfolio, making the stock its 13th biggest position. Certified Advisory Corp owned approximately 0.08% of Schwab Fundamental U.S. Large Company Index ETF worth $11,837,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. grew 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 buying an additional 2,406,870 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 641.0% in the 1st quarter. Cetera Investment Advisers now owns 672,395 shares of the company’s stock worth $45,313,000 after acquiring an additional 581,648 shares in the last quarter. Cetera Advisor Networks LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 879.8% in the fourth quarter. Cetera Advisor Networks LLC now owns 492,432 shares of the company’s stock valued at $30,501,000 after purchasing an additional 442,176 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of 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 valued at $203,455,000 after purchasing an additional 204,998 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 19.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,152,840 shares of the company’s stock worth $71,407,000 after purchasing an additional 189,244 shares during the last quarter.

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

Shares of FNDX stock opened at $71.33 on Monday. The company has a market capitalization of $16.33 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 52-week low of $53.32 and a 52-week high of $71.66. The company has a 50-day simple moving average of $69.03 and a two-hundred day simple moving average of $67.26.

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.