Synovus Financial Corp Purchases 57,059 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Synovus Financial Corp grew its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 92.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 118,654 shares of the company’s stock after purchasing an additional 57,059 shares during the quarter. Synovus Financial Corp owned approximately 0.05% of Schwab Fundamental U.S. Large Company Index ETF worth $8,514,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Stifel Financial Corp boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after buying an additional 2,834 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the second quarter worth $434,000. Meeder Advisory Services Inc. bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the second quarter valued at $325,000. Firestone Capital Management raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.6% during the second quarter. Firestone Capital Management now owns 260,270 shares of the company’s stock valued at $17,433,000 after purchasing an additional 3,998 shares during the period. Finally, Citizens Financial Group Inc. RI bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 2nd quarter worth about $252,000.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.68 on Thursday. The business has a 50-day simple moving average of $24.34 and a 200 day simple moving average of $23.54. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $20.21 and a one year high of $25.17. The firm has a market capitalization of $5.42 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.