Bank of Montreal Can Makes New Investment in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Bank of Montreal Can purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,926 shares of the company’s stock, valued at approximately $803,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of FNDX. Red Tortoise LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.3% during the second quarter. Red Tortoise LLC now owns 66,655 shares of the company’s stock worth $3,837,000 after buying an additional 178 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the second quarter. Janney Montgomery Scott LLC now owns 6,540 shares of the company’s stock valued at $377,000 after purchasing an additional 181 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 4.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,830 shares of the company’s stock valued at $258,000 after purchasing an additional 194 shares in the last quarter. PFG Advisors boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 0.9% in the second quarter. PFG Advisors now owns 29,356 shares of the company’s stock valued at $1,690,000 after purchasing an additional 248 shares in the last quarter. Finally, Jackson Creek Investment Advisors LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.3% in the first quarter. Jackson Creek Investment Advisors LLC now owns 19,796 shares of the company’s stock valued at $1,087,000 after purchasing an additional 258 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.1 %

FNDX stock opened at $56.49 on Tuesday. The company has a market capitalization of $11.39 billion, a P/E ratio of 15.88 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $51.90 and a twelve month high of $59.97. The business has a 50 day simple moving average of $56.23 and a 200-day simple moving average of $56.68.

About Schwab Fundamental U.S. Large Company Index 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.