DAVENPORT & Co LLC Purchases New Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

DAVENPORT & Co LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 373,027 shares of the company’s stock, valued at approximately $9,154,000.

Several other institutional investors also recently modified their holdings of FNDX. Grimes & Company Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 26.7% in the second quarter. Grimes & Company Inc. now owns 11,915 shares of the company’s stock valued at $292,000 after purchasing an additional 2,511 shares in the last quarter. Gemmer Asset Management LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% in the 2nd quarter. Gemmer Asset Management LLC now owns 2,619,006 shares of the company’s stock valued at $64,270,000 after buying an additional 72,672 shares during the period. QRG Capital Management Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 9.6% in the 2nd quarter. QRG Capital Management Inc. now owns 29,888 shares of the company’s stock valued at $733,000 after buying an additional 2,622 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.7% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 107,688 shares of the company’s stock worth $2,643,000 after acquiring an additional 5,799 shares during the period. Finally, TruNorth Capital Management LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6.0% during the 2nd quarter. TruNorth Capital Management LLC now owns 762,115 shares of the company’s stock worth $18,702,000 after acquiring an additional 43,138 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA FNDX opened at $26.52 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $26.66. The stock has a market cap of $20.64 billion, a P/E ratio of 17.86 and a beta of 1.00. The company’s 50-day simple moving average is $25.67 and its 200 day simple moving average is $24.33.

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.