20,128 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX Bought by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,128 shares of the company’s stock, valued at approximately $633,000.

Several other large investors also recently made changes to their positions in the stock. Captrust Financial Advisors lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 25.7% in the 4th quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock worth $582,113,000 after purchasing an additional 4,370,263 shares during the last quarter. Keybank National Association OH raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% in the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after purchasing an additional 4,162,731 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 6.3% in the second quarter. Envestnet Asset Management Inc. now owns 7,039,245 shares of the company’s stock valued at $218,921,000 after purchasing an additional 416,802 shares during the period. Cetera Investment Advisers lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 3,891,438 shares of the company’s stock worth $108,377,000 after buying an additional 108,569 shares during the last quarter. Finally, Charles Schwab Trust Co lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 12.1% in the second quarter. Charles Schwab Trust Co now owns 3,606,725 shares of the company’s stock worth $112,169,000 after buying an additional 387,946 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA FNDX traded up $0.21 during trading hours on Thursday, hitting $32.56. 2,145,813 shares of the stock were exchanged, compared to its average volume of 4,455,215. The company’s 50 day moving average is $32.27 and its 200 day moving average is $31.11. The firm has a market capitalization of $28.15 billion, a P/E ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a one year low of $25.87 and a one year high of $32.85.

Schwab Fundamental U.S. Large Company 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.