Bell Investment Advisors Inc Acquires 1,399,210 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Bell Investment Advisors Inc raised its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 204.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,084,426 shares of the company’s stock after purchasing an additional 1,399,210 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF makes up approximately 9.2% of Bell Investment Advisors Inc’s holdings, making the stock its 2nd biggest position. Bell Investment Advisors Inc’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $49,359,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Howe & Rusling Inc. grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after purchasing an additional 468 shares in the last quarter. Etfidea LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after purchasing an additional 473 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 4.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 16,831 shares of the company’s stock valued at $1,208,000 after purchasing an additional 668 shares in the last quarter. Adirondack Trust Co. grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after purchasing an additional 770 shares in the last quarter. Finally, WealthShield Partners LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after purchasing an additional 895 shares in the last quarter.

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

Shares of NYSEARCA FNDX opened at $24.03 on Monday. The business’s 50-day moving average price is $24.33 and its two-hundred day moving average price is $24.13. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year high of $25.17. The company has a market capitalization of $17.69 billion, a P/E ratio of 19.51 and a beta of 1.00.

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.