Empower Advisory Group LLC Boosts Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Empower Advisory Group LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 151.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,483 shares of the company’s stock after purchasing an additional 9,323 shares during the period. Empower Advisory Group LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $367,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Truist Financial Corp increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 92.5% in the fourth quarter. Truist Financial Corp now owns 68,350 shares of the company’s stock worth $1,619,000 after purchasing an additional 32,844 shares in the last quarter. Droms Strauss Advisors Inc. MO ADV increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.6% in the fourth quarter. Droms Strauss Advisors Inc. MO ADV now owns 196,790 shares of the company’s stock worth $4,660,000 after purchasing an additional 131,320 shares in the last quarter. Sanctuary Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.7% in the fourth quarter. Sanctuary Advisors LLC now owns 39,895 shares of the company’s stock worth $989,000 after purchasing an additional 1,778 shares in the last quarter. Systelligence LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 129.4% in the fourth quarter. Systelligence LLC now owns 445,658 shares of the company’s stock worth $10,553,000 after purchasing an additional 251,403 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 214.5% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 411,384 shares of the company’s stock worth $9,742,000 after purchasing an additional 280,597 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.2 %

FNDX opened at $25.01 on Thursday. The firm has a 50-day moving average price of $24.25 and a 200-day moving average price of $23.97. The company has a market capitalization of $5.73 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.11 and a twelve month high of $25.17.

Schwab Fundamental U.S. Large Company Index 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.