Farther Finance Advisors LLC Boosts Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Farther Finance Advisors LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 336.8% during the second quarter, HoldingsChannel.com reports. The fund owned 5,185 shares of the company’s stock after acquiring an additional 3,998 shares during the quarter. Farther Finance Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $346,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FNDX. Charles Schwab Investment Advisory Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.9% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 127,923,658 shares of the company’s stock worth $8,620,775,000 after purchasing an additional 2,406,870 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.3% in the 1st quarter. Captrust Financial Advisors now owns 3,019,066 shares of the company’s stock worth $203,455,000 after purchasing an additional 204,998 shares during the period. McAdam LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 6.4% during the 2nd quarter. McAdam LLC now owns 2,750,884 shares of the company’s stock valued at $184,254,000 after acquiring an additional 165,901 shares during the period. Signature Estate & Investment Advisors LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.3% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 2,694,681 shares of the company’s stock valued at $180,490,000 after acquiring an additional 33,748 shares during the period. Finally, Northwest Bancshares Inc. boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 2.0% during the 1st quarter. Northwest Bancshares Inc. now owns 2,084,640 shares of the company’s stock valued at $140,484,000 after acquiring an additional 40,927 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.2 %

FNDX opened at $69.70 on Thursday. The business has a fifty day moving average of $68.44 and a 200 day moving average of $66.78. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $70.91. The stock has a market cap of $15.96 billion, a P/E ratio of 17.79 and a beta of 0.84.

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.