Eagle Strategies LLC Acquires 40,708 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Eagle Strategies LLC boosted its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.2% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,855,004 shares of the company’s stock after acquiring an additional 40,708 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for about 5.6% of Eagle Strategies LLC’s investment portfolio, making the stock its 2nd largest position. Eagle Strategies LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $58,377,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Keybank National Association OH boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% during the 1st quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after acquiring an additional 4,162,731 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6.3% during the second quarter. Envestnet Asset Management Inc. now owns 7,039,245 shares of the company’s stock worth $218,921,000 after purchasing an additional 416,802 shares in the last quarter. Charles Schwab Trust Co grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 12.1% during the second quarter. Charles Schwab Trust Co now owns 3,606,725 shares of the company’s stock worth $112,169,000 after purchasing an additional 387,946 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 3,891,438 shares of the company’s stock worth $108,377,000 after purchasing an additional 108,569 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 0.4% in the first quarter. Bank of America Corp DE now owns 3,144,222 shares of the company’s stock worth $87,567,000 after purchasing an additional 13,371 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.2%

Shares of FNDX stock traded down $0.06 during trading on Friday, hitting $32.52. The company had a trading volume of 4,459,395 shares, compared to its average volume of 4,468,930. The stock’s 50-day moving average is $32.28 and its two-hundred day moving average is $31.15. The stock has a market capitalization of $28.15 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $25.87 and a 52 week high of $32.85.

Schwab Fundamental U.S. Large Company 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.