Cetera Investment Advisers Acquires 108,569 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Cetera Investment Advisers boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,891,438 shares of the company’s stock after buying an additional 108,569 shares during the quarter. Cetera Investment Advisers owned about 0.45% of Schwab Fundamental U.S. Large Company ETF worth $108,377,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FNDX. Resources Management Corp CT ADV bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at approximately $27,000. Keenan LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth approximately $27,000. Ascentis Independent Advisors acquired a new position in Schwab Fundamental U.S. Large Company ETF during the first quarter valued at approximately $28,000. Valued Wealth Advisors LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the first quarter valued at approximately $30,000. Finally, Capital Investment Advisory Services LLC raised 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 purchasing an additional 615 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.8%

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $31.35 on Friday. The firm has a fifty day simple moving average of $31.07 and a 200-day simple moving average of $29.53. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $24.27 and a 1-year high of $31.78. The stock has a market capitalization of $26.34 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87.

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.