IFP Advisors Inc Acquires 36,394 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

IFP Advisors Inc lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 220.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,922 shares of the company’s stock after buying an additional 36,394 shares during the period. IFP Advisors Inc’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,253,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. McAdam LLC grew its holdings 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 valued at $215,726,000 after purchasing an additional 6,193,223 shares during the last quarter. Steele Capital Management Inc. raised its position in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in 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 period. Captrust Financial Advisors raised its position in Schwab Fundamental U.S. Large Company Index ETF by 7.2% in 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 period. Callan Capital LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the 4th quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock worth $88,107,000 after purchasing an additional 2,502,026 shares during the period. Finally, Signature Estate & Investment Advisors LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock worth $229,383,000 after purchasing an additional 501,854 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.44 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $21.25 and a 1-year high of $25.17. The firm has a market capitalization of $5.60 billion, a P/E ratio of 17.79 and a beta of 0.84. The company’s 50-day moving average is $24.28 and its 200 day moving average is $24.05.

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.