Captrust Financial Advisors Boosts Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Captrust Financial Advisors boosted its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 25.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,393,347 shares of the company’s stock after purchasing an additional 4,370,263 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up 1.1% of Captrust Financial Advisors’ portfolio, making the stock its 17th biggest holding. Captrust Financial Advisors owned 2.58% of Schwab Fundamental U.S. Large Company ETF worth $582,113,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FNDX. Resources Management Corp CT ADV purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at $27,000. Capital Investment Advisory Services LLC lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock valued at $37,000 after acquiring an additional 615 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at $39,000. RHL Group LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at $41,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at $42,000.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.3%

Shares of NYSEARCA:FNDX opened at $31.33 on Wednesday. The company has a market capitalization of $26.98 billion, a P/E ratio of 17.86 and a beta of 0.87. The stock’s fifty day simple moving average is $30.14 and its 200-day simple moving average is $28.77. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $23.89 and a 52-week high of $31.56.

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.