Focus Financial Network Inc. Boosts Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Focus Financial Network Inc. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 199.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,628 shares of the company’s stock after buying an additional 86,408 shares during the period. Focus Financial Network Inc. owned approximately 0.06% of Schwab Fundamental U.S. Large Company Index ETF worth $3,070,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. McAdam LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after buying an additional 6,193,223 shares during the last quarter. Captrust Financial Advisors grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after buying an additional 313,382 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 18.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock worth $229,383,000 after purchasing an additional 501,854 shares during the last quarter. Charles Schwab Trust Co grew its position in Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock worth $64,132,000 after purchasing an additional 1,809,709 shares during the last quarter. Finally, Gemmer Asset Management LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 213.1% during the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock worth $58,581,000 after purchasing an additional 1,683,829 shares during the last quarter.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.65 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.78 and a 1 year high of $25.17. The company has a market capitalization of $5.64 billion, a P/E ratio of 17.79 and a beta of 0.84. The company’s fifty day moving average is $24.25 and its two-hundred day moving average is $23.88.

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.