Stifel Financial Corp Purchases 2,834 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Stifel Financial Corp grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 38.1% during the third quarter, HoldingsChannel.com reports. The firm owned 10,269 shares of the company’s stock after purchasing an additional 2,834 shares during the period. Stifel Financial Corp’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $737,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Cornerstone Planning Group LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $93,978,000. Financial Strategies Group Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 202.2% during the third quarter. Financial Strategies Group Inc. now owns 843,310 shares of the company’s stock worth $60,516,000 after purchasing an additional 564,270 shares during the period. Signature Estate & Investment Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the third 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 last quarter. Captrust Financial Advisors increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after purchasing an additional 313,382 shares during the period. Finally, Allen Wealth Management LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth $22,442,000.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.8 %

NYSEARCA FNDX opened at $24.01 on Wednesday. The firm has a market capitalization of $5.50 billion, a PE ratio of 17.79 and a beta of 0.84. The business’s 50-day moving average price is $24.38 and its two-hundred day moving average price is $23.47. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.21 and a 12 month high of $25.17.

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.