Valmark Advisers Inc. Raises Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Valmark Advisers Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 126.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,336 shares of the company’s stock after purchasing an additional 58,822 shares during the quarter. Valmark Advisers Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,866,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Luminvest Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at about $225,000. Invested Advisors lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 49.0% during the fourth quarter. Invested Advisors now owns 13,373 shares of the company’s stock valued at $364,000 after purchasing an additional 4,400 shares during the last quarter. BCS Wealth Management lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 163.4% during the fourth quarter. BCS Wealth Management now owns 469,554 shares of the company’s stock valued at $12,777,000 after purchasing an additional 291,280 shares during the last quarter. Prairiewood Capital LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 5.6% during the fourth quarter. Prairiewood Capital LLC now owns 1,824,061 shares of the company’s stock valued at $49,633,000 after purchasing an additional 97,149 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 226.9% in the fourth quarter. Farther Finance Advisors LLC now owns 108,972 shares of the company’s stock worth $2,965,000 after purchasing an additional 75,633 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.1%

FNDX stock opened at $29.01 on Thursday. The company’s 50 day moving average is $28.45 and its 200 day moving average is $27.59. The stock has a market cap of $24.82 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $21.35 and a 1-year high of $29.37.

About Schwab Fundamental U.S. Large Company ETF

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.