Mainstream Capital Management LLC Grows Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Mainstream Capital Management LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,612 shares of the company’s stock after buying an additional 6,408 shares during the period. Mainstream Capital Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after purchasing an additional 262,526,108 shares in the last quarter. McAdam LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after purchasing an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after purchasing an additional 3,993,372 shares in the last quarter. Glassman Wealth Services raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.8% in the 4th quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock valued at $106,910,000 after purchasing an additional 3,014,069 shares in the last quarter. Finally, Callan Capital LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the 4th quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock valued at $88,107,000 after purchasing an additional 2,502,026 shares in the last quarter.

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

NYSEARCA:FNDX opened at $24.31 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year high of $25.17. The firm has a market cap of $17.89 billion, a P/E ratio of 19.51 and a beta of 1.00. The firm has a 50-day simple moving average of $24.33 and a 200-day simple moving average of $24.10.

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.