Y Intercept Hong Kong Ltd Buys New Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Y Intercept Hong Kong Ltd bought a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 43,078 shares of the company’s stock, valued at approximately $1,057,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Boulay Financial Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 36.1% in the second quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock valued at $195,005,000 after purchasing an additional 2,266,989 shares in the last quarter. McAdam LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.3% in the 2nd quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock valued at $202,901,000 after purchasing an additional 182,584 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.5% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 7,821,721 shares of the company’s stock valued at $191,945,000 after purchasing an additional 404,499 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 31.9% in the 1st quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock valued at $183,321,000 after purchasing an additional 1,878,599 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 67.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after purchasing an additional 2,585,828 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $26.52 on Tuesday. The firm has a market capitalization of $20.98 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $26.97. The business has a 50 day simple moving average of $26.21 and a 200-day simple moving average of $24.89.

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.