Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Position Raised by HighTower Advisors LLC

HighTower Advisors LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDXFree Report) by 43.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 448,683 shares of the company’s stock after purchasing an additional 136,731 shares during the quarter. HighTower Advisors LLC owned approximately 0.22% of Schwab Fundamental U.S. Large Company Index ETF worth $25,124,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Gradient Investments LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 2,886.7% in the 3rd quarter. Gradient Investments LLC now owns 448 shares of the company’s stock valued at $25,000 after purchasing an additional 433 shares during the period. Money Concepts Capital Corp acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at about $30,000. Indiana Trust & Investment Management CO acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at about $34,000. MUFG Americas Holdings Corp acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at about $42,000. Finally, Belpointe Asset Management LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 109.0% in the 1st quarter. Belpointe Asset Management LLC now owns 788 shares of the company’s stock valued at $43,000 after purchasing an additional 411 shares during the period.

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

Shares of FNDX opened at $63.44 on Friday. The company has a market capitalization of $12.80 billion, a price-to-earnings ratio of 15.88 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $51.90 and a fifty-two week high of $63.47. The business’s 50-day moving average is $61.62 and its 200-day moving average is $58.77.

Schwab Fundamental U.S. Large Company Index ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

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