J.W. Cole Advisors Inc. Acquires New Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

J.W. Cole Advisors Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,428 shares of the company’s stock, valued at approximately $230,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FNDX. Mercer Global Advisors Inc. ADV lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 6.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,657 shares of the company’s stock valued at $2,388,000 after buying an additional 2,753 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 24.2% in the third quarter. Harbour Investments Inc. now owns 8,582 shares of the company’s stock worth $480,000 after acquiring an additional 1,674 shares during the period. Creative Planning grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 6.9% during the third quarter. Creative Planning now owns 419,486 shares of the company’s stock worth $23,479,000 after purchasing an additional 27,228 shares in the last quarter. Silver Oak Securities Incorporated bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at approximately $851,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 3.7% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 13,610 shares of the company’s stock worth $762,000 after purchasing an additional 491 shares in the last quarter.

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

Shares of FNDX opened at $67.27 on Friday. The firm has a market cap of $15.40 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $53.32 and a 1 year high of $67.86. The company has a 50 day simple moving average of $66.55 and a two-hundred day simple moving average of $64.86.

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.