Dynamic Advisor Solutions LLC Buys New Holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Dynamic Advisor Solutions LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,235 shares of the company’s stock, valued at approximately $431,000.

A number of other large investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 201.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after purchasing an additional 262,526,108 shares during the last quarter. Captrust Financial Advisors grew its position in Schwab Fundamental U.S. Large Company ETF by 221.9% during the 4th quarter. Captrust Financial Advisors now owns 14,941,376 shares of the company’s stock worth $353,819,000 after acquiring an additional 10,300,064 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 225.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock valued at $246,015,000 after purchasing an additional 7,192,613 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 152.3% in the fourth quarter. Ameriprise Financial Inc. now owns 5,885,606 shares of the company’s stock worth $139,370,000 after buying an additional 3,552,950 shares during the period. Finally, Glassman Wealth Services grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 200.8% in the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after acquiring an additional 3,014,069 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA:FNDX opened at $23.98 on Thursday. The company has a market cap of $18.07 billion, a P/E ratio of 18.51 and a beta of 0.94. The stock’s fifty day moving average price is $23.24 and its 200-day moving average price is $23.74. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $25.17.

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.