MCF Advisors LLC Acquires 7,452 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

MCF Advisors LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,178 shares of the company’s stock after acquiring an additional 7,452 shares during the quarter. MCF Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $265,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Captrust Financial Advisors increased its holdings in 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 worth $333,059,000 after acquiring an additional 313,382 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted 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 worth $229,383,000 after purchasing an additional 501,854 shares during the period. McAdam LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 6.0% in the third quarter. McAdam LLC now owns 2,916,821 shares of the company’s stock worth $209,311,000 after purchasing an additional 165,937 shares in the last quarter. Charles Schwab Trust Co raised its position in shares of 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 valued at $64,132,000 after purchasing an additional 1,809,709 shares during the period. Finally, Gemmer Asset Management LLC lifted its stake in shares of 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 valued at $58,581,000 after buying an additional 1,683,829 shares in the last quarter.

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

Shares of FNDX stock opened at $24.59 on Wednesday. The stock has a fifty day simple moving average of $24.29 and a two-hundred day simple moving average of $23.69. The firm has a market capitalization of $5.63 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.66 and a 52-week high of $25.17.

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.