Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 118,875 shares of the company’s stock after buying an additional 79,333 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $2,815,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after acquiring an additional 262,526,108 shares during the period. McAdam LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during 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 during the period. Steele Capital Management Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after acquiring an additional 3,993,372 shares during the period. Captrust Financial Advisors raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 7.2% during the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock worth $333,059,000 after acquiring an additional 313,382 shares during the period. Finally, Glassman Wealth Services raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.8% during the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after acquiring an additional 3,014,069 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 1.8 %

FNDX opened at $23.45 on Friday. The firm has a market cap of $17.26 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17. The company’s 50-day moving average price is $24.30 and its 200 day moving average price is $24.12.

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.