Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Bought by Builder Investment Group Inc. ADV

Builder Investment Group Inc. ADV increased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 198.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,447 shares of the company’s stock after acquiring an additional 16,919 shares during the period. Builder Investment Group Inc. ADV’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $603,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 15.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,296,701 shares of the company’s stock valued at $86,853,000 after purchasing an additional 176,979 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 56.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 5,348 shares of the company’s stock valued at $358,000 after acquiring an additional 1,920 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 2nd quarter valued at about $252,000. Mercer Global Advisors Inc. ADV grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 11.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 73,222 shares of the company’s stock valued at $4,904,000 after purchasing an additional 7,579 shares during the period. Finally, Blair William & Co. IL increased its position in Schwab Fundamental U.S. Large Company Index ETF by 15.8% during the second quarter. Blair William & Co. IL now owns 7,604 shares of the company’s stock worth $509,000 after purchasing an additional 1,037 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 1.5 %

NYSEARCA:FNDX opened at $24.14 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.21 and a fifty-two week high of $25.17. The firm’s 50 day moving average is $24.31 and its two-hundred day moving average is $23.64. The company has a market cap of $5.53 billion, a P/E 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.