Allworth Financial LP Raises Stock Position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Allworth Financial LP grew its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 64.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 154,104 shares of the company’s stock after buying an additional 60,466 shares during the period. Allworth Financial LP’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,490,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dynamic Advisor Solutions LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth $431,000. Private Trust Co. NA purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth $47,000. QRG Capital Management Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 29.5% in the 1st quarter. QRG Capital Management Inc. now owns 27,266 shares of the company’s stock worth $644,000 after buying an additional 6,214 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 36.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 28,991 shares of the company’s stock worth $684,000 after buying an additional 7,679 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 90.3% in the 1st quarter. Farther Finance Advisors LLC now owns 15,302 shares of the company’s stock worth $361,000 after buying an additional 7,260 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.5%

Shares of NYSEARCA:FNDX opened at $24.91 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $25.17. The stock has a market capitalization of $18.87 billion, a P/E ratio of 17.86 and a beta of 1.00. The firm has a fifty day simple moving average of $24.01 and a two-hundred day simple moving average of $23.76.

About Schwab Fundamental U.S. Large Company 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.