DAVENPORT & Co LLC Acquires 453,764 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

DAVENPORT & Co LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 121.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 826,791 shares of the company’s stock after purchasing an additional 453,764 shares during the quarter. DAVENPORT & Co LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $21,745,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Townsend Asset Management Corp NC ADV boosted its position in Schwab Fundamental U.S. Large Company ETF by 1.2% during the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock worth $898,000 after acquiring an additional 436 shares during the last quarter. Mather Group LLC. boosted its position in Schwab Fundamental U.S. Large Company ETF by 2.9% during the second quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock worth $409,000 after purchasing an additional 468 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.0% during the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 27,365 shares of the company’s stock worth $672,000 after buying an additional 546 shares during the period. WealthPLAN Partners LLC grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.6% in the second quarter. WealthPLAN Partners LLC now owns 21,788 shares of the company’s stock valued at $535,000 after purchasing an additional 548 shares during the last quarter. Finally, Wedmont Private Capital grew its holdings in Schwab Fundamental U.S. Large Company ETF by 1.4% in the 2nd quarter. Wedmont Private Capital now owns 42,294 shares of the company’s stock valued at $1,054,000 after buying an additional 572 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA:FNDX opened at $27.46 on Thursday. The firm has a market cap of $21.75 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The firm’s 50-day simple moving average is $26.82 and its 200 day simple moving average is $25.82. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $27.57.

Schwab Fundamental U.S. Large Company ETF 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.