IFP Advisors Inc Boosts Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

IFP Advisors Inc raised its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 27.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 120,957 shares of the company’s stock after buying an additional 26,290 shares during the period. IFP Advisors Inc’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,291,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Financial Strategies LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 1.1% in the 4th quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock valued at $1,001,000 after buying an additional 385 shares during the last quarter. Midland Wealth Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 0.6% in the 3rd quarter. Midland Wealth Advisors LLC now owns 66,619 shares of the company’s stock valued at $1,752,000 after buying an additional 397 shares during the last quarter. Godsey & Gibb Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 6.2% in the 4th quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock valued at $185,000 after buying an additional 399 shares during the last quarter. Assetmark Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 2.7% in the 4th quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock valued at $420,000 after buying an additional 408 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its position in Schwab Fundamental U.S. Large Company ETF by 6.5% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock valued at $177,000 after buying an additional 412 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $30.58 on Friday. The firm has a 50-day moving average of $29.00 and a two-hundred day moving average of $28.20. The stock has a market cap of $26.34 billion, a P/E ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $23.18 and a 1-year high of $30.68.

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.