Capital Investment Advisors LLC Buys 16,841 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Capital Investment Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 276.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,928 shares of the company’s stock after acquiring an additional 16,841 shares during the quarter. Capital Investment Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $543,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Clear Point Advisors Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.0% in the second quarter. Clear Point Advisors Inc. now owns 19,976 shares of the company’s stock worth $1,338,000 after acquiring an additional 202 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 13.1% in the second quarter. Glass Jacobson Investment Advisors llc now owns 1,984 shares of the company’s stock worth $133,000 after acquiring an additional 230 shares during the last quarter. Bruce G. Allen Investments LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 0.3% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock valued at $8,101,000 after buying an additional 288 shares during the last quarter. Kowal Investment Group LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 8.2% in the 2nd quarter. Kowal Investment Group LLC now owns 5,087 shares of the company’s stock valued at $341,000 after buying an additional 387 shares during the last quarter. Finally, Castleview Partners LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at approximately $32,000.

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

Shares of NYSEARCA FNDX opened at $24.14 on Thursday. The company has a 50 day simple moving average of $24.31 and a 200 day simple moving average of $23.64. The firm has a market cap of $5.53 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.21 and a 1 year 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.