C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Increases Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 244.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 32,971 shares of the company’s stock after buying an additional 23,394 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $781,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNDX. McAdam LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after acquiring an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after purchasing an additional 3,993,372 shares during the period. Charles Schwab Trust Co increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after purchasing an additional 1,809,709 shares in the last quarter. Gemmer Asset Management LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 213.1% in the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock valued at $58,581,000 after purchasing an additional 1,683,829 shares in the last quarter. Finally, Lee Financial Co raised its position in Schwab Fundamental U.S. Large Company Index ETF by 199.5% in the fourth quarter. Lee Financial Co now owns 2,493,356 shares of the company’s stock valued at $59,043,000 after purchasing an additional 1,660,841 shares during the period.

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

Shares of NYSEARCA FNDX opened at $25.01 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $21.11 and a 1-year high of $25.17. The company has a market capitalization of $5.73 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The business has a 50-day moving average of $24.25 and a 200-day moving average of $23.97.

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