Avidian Wealth Enterprises LLC Increases Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Avidian Wealth Enterprises LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 206.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 205,318 shares of the company’s stock after purchasing an additional 138,401 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $4,862,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FNDX. Adirondack Trust Co. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after purchasing an additional 770 shares in the last quarter. Pinnacle Bancorp Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after purchasing an additional 1,093 shares in the last quarter. Castleview Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $32,000. Decker Retirement Planning Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at $36,000. Finally, Global Wealth Strategies & Associates grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock worth $41,000 after buying an additional 1,156 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.3 %

Shares of NYSEARCA FNDX opened at $24.65 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $20.78 and a 12-month high of $25.17. The firm’s 50-day moving average price is $24.25 and its 200-day moving average price is $23.88. The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.