BlueStem Wealth Partners LLC Buys Shares of 2,254,263 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

BlueStem Wealth Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 2,254,263 shares of the company’s stock, valued at approximately $53,381,000. Schwab Fundamental U.S. Large Company Index ETF comprises about 7.0% of BlueStem Wealth Partners LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNDX. US Bancorp DE grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 60.1% in the third quarter. US Bancorp DE now owns 6,915 shares of the company’s stock valued at $496,000 after purchasing an additional 2,597 shares during the last quarter. Principal Securities Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 15.6% during the third quarter. Principal Securities Inc. now owns 90,291 shares of the company’s stock worth $6,479,000 after acquiring an additional 12,151 shares during the last quarter. Capital Advisors Inc. OK grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 15.3% during the third quarter. Capital Advisors Inc. OK now owns 9,727 shares of the company’s stock worth $698,000 after acquiring an additional 1,288 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 192.9% during the third quarter. Chicago Partners Investment Group LLC now owns 46,919 shares of the company’s stock worth $3,367,000 after acquiring an additional 30,900 shares during the last quarter. Finally, White Pine Investment CO grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.0% during the third quarter. White Pine Investment CO now owns 194,435 shares of the company’s stock worth $13,953,000 after acquiring an additional 1,846 shares during the last quarter.

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

Shares of FNDX stock opened at $24.63 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17. The firm has a market capitalization of $5.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock’s 50-day simple moving average is $24.33 and its 200-day simple moving average is $24.08.

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.