Channel Wealth LLC Buys 20,629 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Channel Wealth LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the fourth quarter, Holdings Channel reports. The fund owned 30,942 shares of the company’s stock after acquiring an additional 20,629 shares during the quarter. Channel Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $733,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Captrust Financial Advisors boosted its position 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 purchasing an additional 313,382 shares during the period. Signature Estate & Investment Advisors LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock valued at $229,383,000 after purchasing an additional 501,854 shares in the last quarter. McAdam LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 6.0% during the 3rd quarter. McAdam LLC now owns 2,916,821 shares of the company’s stock valued at $209,311,000 after purchasing an additional 165,937 shares during the period. Steele Capital Management Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 0.5% during the 3rd quarter. Steele Capital Management Inc. now owns 1,985,873 shares of the company’s stock worth $142,506,000 after purchasing an additional 9,950 shares in the last quarter. Finally, Cornerstone Planning Group LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth about $93,978,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.1 %

FNDX stock opened at $24.17 on Friday. The stock has a 50-day simple moving average of $24.30 and a two-hundred day simple moving average of $23.64. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.21 and a twelve month high of $25.17. The firm has a market capitalization of $5.53 billion, a PE ratio of 17.79 and a beta of 0.84.

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.