Farther Finance Advisors LLC Buys 7,260 Shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Farther Finance Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 90.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,302 shares of the company’s stock after acquiring an additional 7,260 shares during the quarter. Farther Finance Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $361,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of FNDX. Revolve Wealth Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at $719,000. Blue Trust Inc. lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 12,276.7% during the fourth quarter. Blue Trust Inc. now owns 5,322 shares of the company’s stock worth $126,000 after acquiring an additional 5,279 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Schwab Fundamental U.S. Large Company ETF by 195.9% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 49,809 shares of the company’s stock valued at $1,179,000 after acquiring an additional 32,978 shares during the period. Allworth Financial LP increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2,488.8% in the fourth quarter. Allworth Financial LP now owns 93,638 shares of the company’s stock worth $2,297,000 after acquiring an additional 90,021 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $2,310,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $24.16 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $25.17. The stock has a market capitalization of $18.21 billion, a PE ratio of 18.51 and a beta of 0.94. The business’s 50-day simple moving average is $23.18 and its 200-day simple moving average is $23.74.

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.