Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Bought by Evanson Asset Management LLC

Evanson Asset Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,442 shares of the company’s stock after acquiring an additional 17,627 shares during the quarter. Evanson Asset Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNDX. Mercer Global Advisors Inc. ADV raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 11.5% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 73,222 shares of the company’s stock worth $4,904,000 after buying an additional 7,579 shares in the last quarter. Blair William & Co. IL raised its position in Schwab Fundamental U.S. Large Company Index ETF by 15.8% in the second quarter. Blair William & Co. IL now owns 7,604 shares of the company’s stock worth $509,000 after acquiring an additional 1,037 shares in the last quarter. Ieq Capital LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 131.7% in the 2nd quarter. Ieq Capital LLC now owns 26,987 shares of the company’s stock valued at $1,808,000 after acquiring an additional 15,341 shares during the last quarter. AE Wealth Management LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 20.0% during the 2nd quarter. AE Wealth Management LLC now owns 37,026 shares of the company’s stock valued at $2,480,000 after purchasing an additional 6,179 shares in the last quarter. Finally, Kowal Investment Group LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 8.2% in the 2nd quarter. Kowal Investment Group LLC now owns 5,087 shares of the company’s stock worth $341,000 after purchasing an additional 387 shares during the last quarter.

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

FNDX stock opened at $24.37 on Monday. The firm has a market cap of $5.58 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.22 and a 12 month high of $25.17. The firm has a 50 day simple moving average of $24.30 and a 200 day simple moving average of $23.68.

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.