Commonwealth Equity Services LLC Raises Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Commonwealth Equity Services LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.6% during the second quarter, Holdings Channel.com reports. The fund owned 2,049,148 shares of the company’s stock after buying an additional 162,310 shares during the period. Commonwealth Equity Services LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $50,286,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FNDX. Revolve Wealth Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $719,000. Envestnet Asset Management Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 1.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 3,808,227 shares of the company’s stock worth $89,912,000 after purchasing an additional 46,586 shares during the period. Brown Advisory Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 197.9% during the 1st quarter. Brown Advisory Inc. now owns 33,615 shares of the company’s stock valued at $794,000 after buying an additional 22,332 shares in the last quarter. Axxcess Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at approximately $205,000. Finally, Allworth Financial LP raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 64.6% during the first quarter. Allworth Financial LP now owns 154,104 shares of the company’s stock valued at $3,490,000 after buying an additional 60,466 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX stock opened at $26.50 on Friday. The company’s fifty day moving average price is $26.27 and its 200-day moving average price is $24.97. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $26.97. The company has a market capitalization of $20.99 billion, a PE ratio of 17.86 and a beta of 0.93.

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.