Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 190.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 293,164 shares of the company’s stock after purchasing an additional 192,346 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $6,942,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. McAdam LLC increased 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 purchasing an additional 6,193,223 shares during the period. Captrust Financial Advisors increased its stake in shares of 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 buying an additional 313,382 shares during the period. Signature Estate & Investment Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% during the third quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock worth $229,383,000 after buying an additional 501,854 shares during the period. Charles Schwab Trust Co increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the fourth 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 last quarter. Finally, Gemmer Asset Management LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 213.1% in the fourth quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock valued at $58,581,000 after purchasing an additional 1,683,829 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.9 %

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.45 on Friday. The firm has a market capitalization of $5.60 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.78 and a 52 week high of $25.17. The firm’s 50 day moving average is $24.26 and its two-hundred day moving average is $23.85.

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.