NFP Retirement Inc. Has $1.28 Million Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

NFP Retirement Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 28.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,988 shares of the company’s stock after purchasing an additional 11,493 shares during the period. NFP Retirement Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,276,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Boulay Financial Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 36.1% during the second quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock valued at $195,005,000 after buying an additional 2,266,989 shares in the last quarter. McAdam LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF by 2.3% in the 2nd quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after acquiring an additional 182,584 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 5.5% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 7,821,721 shares of the company’s stock worth $191,945,000 after acquiring an additional 404,499 shares during the period. Ameriprise Financial Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 31.9% during the 1st quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock valued at $183,321,000 after acquiring an additional 1,878,599 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 67.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after purchasing an additional 2,585,828 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA FNDX opened at $26.20 on Thursday. The firm has a market capitalization of $20.75 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The company has a 50 day simple moving average of $26.39 and a 200-day simple moving average of $25.20. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $27.01.

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.