Mainstream Capital Management LLC Purchases 6,408 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Mainstream Capital Management LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,612 shares of the company’s stock after acquiring an additional 6,408 shares during the quarter. Mainstream Capital Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $228,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its position in Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after purchasing an additional 262,526,108 shares during the last quarter. McAdam LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after purchasing an additional 6,193,223 shares during the last quarter. Steele Capital Management Inc. grew its position in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after purchasing an additional 3,993,372 shares during the last quarter. Captrust Financial Advisors grew its position in Schwab Fundamental U.S. Large Company Index ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock worth $333,059,000 after purchasing an additional 313,382 shares during the last quarter. Finally, Glassman Wealth Services grew its position in Schwab Fundamental U.S. Large Company Index ETF by 200.8% during the 4th quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after purchasing an additional 3,014,069 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

FNDX stock opened at $24.31 on Tuesday. The company has a market capitalization of $17.89 billion, a P/E ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $21.25 and a 12 month high of $25.17. The firm’s fifty day simple moving average is $24.33 and its 200-day simple moving average is $24.10.

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.