Silver Lake Advisory LLC Purchases New Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Silver Lake Advisory LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,644 shares of the company’s stock, valued at approximately $914,000.

A number of other institutional investors have also recently modified their holdings of FNDX. International Assets Investment Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $779,000. Carnegie Capital Asset Management LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at $277,000. Main Street Research LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at $283,000. Alpha Omega Wealth Management LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 11.0% in the fourth quarter. Alpha Omega Wealth Management LLC now owns 10,132 shares of the company’s stock valued at $628,000 after purchasing an additional 1,004 shares during the last quarter. Finally, Red Tortoise LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 8.0% in the fourth quarter. Red Tortoise LLC now owns 74,056 shares of the company’s stock valued at $4,587,000 after purchasing an additional 5,508 shares during the last quarter.

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

Schwab Fundamental U.S. Large Company Index ETF stock traded up $0.27 during trading on Friday, hitting $69.12. The company’s stock had a trading volume of 380,063 shares, compared to its average volume of 478,495. The stock has a market capitalization of $15.83 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock’s fifty day moving average is $67.60 and its 200 day moving average is $66.10. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $53.32 and a 1-year high of $70.06.

About Schwab Fundamental U.S. Large Company Index 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.