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

DAVENPORT & Co LLC increased its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.9% during the 4th quarter, Holdings Channel reports. The firm owned 916,929 shares of the company’s stock after purchasing an additional 90,138 shares during the quarter. DAVENPORT & Co LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $24,950,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Certified Advisory Corp grew its stake in Schwab Fundamental U.S. Large Company ETF by 3.5% in the 4th quarter. Certified Advisory Corp now owns 836,554 shares of the company’s stock worth $22,763,000 after buying an additional 28,287 shares in the last quarter. Focus Financial Network Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 19.5% during the 4th quarter. Focus Financial Network Inc. now owns 171,753 shares of the company’s stock valued at $4,673,000 after buying an additional 27,984 shares in the last quarter. Harbor Group Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.9% during the 4th quarter. Harbor Group Inc. now owns 64,981 shares of the company’s stock worth $1,768,000 after acquiring an additional 554 shares during the last quarter. PTM Wealth Management LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 3.8% during the 4th quarter. PTM Wealth Management LLC now owns 1,310,154 shares of the company’s stock worth $36,304,000 after acquiring an additional 48,505 shares during the last quarter. Finally, Charles Schwab Trust Co grew its position in Schwab Fundamental U.S. Large Company ETF by 1.9% in the fourth quarter. Charles Schwab Trust Co now owns 3,109,768 shares of the company’s stock worth $84,617,000 after acquiring an additional 57,710 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.1%

FNDX opened at $27.90 on Thursday. The stock has a market cap of $23.12 billion, a PE ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $29.37. The business’s fifty day simple moving average is $28.49 and its 200 day simple moving average is $27.37.

About Schwab Fundamental U.S. Large Company ETF

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.