Bell Investment Advisors Inc Increases Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Bell Investment Advisors Inc grew its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,178,555 shares of the company’s stock after purchasing an additional 165,072 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises approximately 9.5% of Bell Investment Advisors Inc’s holdings, making the stock its 2nd largest holding. Bell Investment Advisors Inc’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $60,673,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in FNDX. Blueprint Investment Partners LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 28.4% in the 3rd quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock valued at $5,117,000 after acquiring an additional 43,090 shares during the period. Burk Holdings LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth $489,000. AlphaCore Capital LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 5.9% during the third quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock valued at $94,593,000 after purchasing an additional 200,122 shares in the last quarter. Capital Advantage Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 48.2% during the fourth quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock valued at $4,058,000 after purchasing an additional 48,529 shares in the last quarter. Finally, Blair William & Co. IL boosted its position in Schwab Fundamental U.S. Large Company ETF by 164.8% during the third quarter. Blair William & Co. IL now owns 74,293 shares of the company’s stock valued at $1,954,000 after purchasing an additional 46,236 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX opened at $31.11 on Tuesday. The firm has a market capitalization of $26.79 billion, a PE ratio of 17.86 and a beta of 0.87. The business’s 50-day moving average is $30.35 and its two-hundred day moving average is $28.88. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $23.89 and a 1 year high of $31.56.

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.