Allworth Financial LP Buys 90,021 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Allworth Financial LP increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2,488.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,638 shares of the company’s stock after buying an additional 90,021 shares during the quarter. Allworth Financial LP’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $2,297,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Brookstone Capital Management raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% in the fourth quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock valued at $460,000 after acquiring an additional 12,884 shares during the last quarter. Destination Wealth Management bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at $209,000. Peapack Gladstone Financial Corp raised its position in Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after purchasing an additional 2,490 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after purchasing an additional 2,834 shares during the last quarter. Finally, Arlington Financial Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% in the fourth quarter. Arlington Financial Advisors LLC now owns 387,494 shares of the company’s stock valued at $9,176,000 after buying an additional 257,238 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.6 %

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.96 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.11 and a 12-month high of $25.17. The stock has a 50-day simple moving average of $24.24 and a 200 day simple moving average of $23.94. The stock has a market capitalization of $5.72 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index ETF 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.