Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) is Access Financial Services Inc.’s 6th Largest Position

Access Financial Services Inc. increased its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 39.0% in the 1st quarter, Holdings Channel reports. The firm owned 479,558 shares of the company’s stock after buying an additional 134,663 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up 4.6% of Access Financial Services Inc.’s holdings, making the stock its 6th biggest holding. Access Financial Services Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $11,322,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 201.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after purchasing an additional 262,526,108 shares during the last quarter. Captrust Financial Advisors raised its stake in Schwab Fundamental U.S. Large Company ETF by 221.9% during the 4th quarter. Captrust Financial Advisors now owns 14,941,376 shares of the company’s stock valued at $353,819,000 after acquiring an additional 10,300,064 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company ETF by 225.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock valued at $246,015,000 after acquiring an additional 7,192,613 shares during the last quarter. Steele Capital Management Inc. raised its stake in Schwab Fundamental U.S. Large Company ETF by 1.3% during the 1st quarter. Steele Capital Management Inc. now owns 6,054,706 shares of the company’s stock valued at $142,952,000 after acquiring an additional 75,461 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Schwab Fundamental U.S. Large Company ETF by 152.3% during the 4th quarter. Ameriprise Financial Inc. now owns 5,885,606 shares of the company’s stock valued at $139,370,000 after acquiring an additional 3,552,950 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 1.0%

FNDX opened at $23.97 on Monday. The business has a 50 day moving average price of $23.11 and a two-hundred day moving average price of $23.74. The company has a market cap of $18.06 billion, a PE ratio of 18.51 and a beta of 0.94. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $25.17.

Schwab Fundamental U.S. Large Company 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.