Schwab Fundamental U.S. Large Company ETF $FNDX is AlphaCore Capital LLC’s 3rd Largest Position

AlphaCore Capital LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 24,845.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,396,569 shares of the company’s stock after purchasing an additional 3,382,953 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up about 3.2% of AlphaCore Capital LLC’s holdings, making the stock its 3rd biggest holding. AlphaCore Capital LLC owned about 0.45% of Schwab Fundamental U.S. Large Company ETF worth $83,352,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Revolve Wealth Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $719,000. Choreo LLC raised its stake in Schwab Fundamental U.S. Large Company ETF by 12.8% in the first quarter. Choreo LLC now owns 20,953 shares of the company’s stock worth $495,000 after buying an additional 2,382 shares in the last quarter. AE Wealth Management LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 14.8% in the first quarter. AE Wealth Management LLC now owns 157,373 shares of the company’s stock worth $3,716,000 after buying an additional 20,291 shares during the period. Carnegie Investment Counsel boosted its position in Schwab Fundamental U.S. Large Company ETF by 13.4% during the 1st quarter. Carnegie Investment Counsel now owns 37,391 shares of the company’s stock valued at $883,000 after acquiring an additional 4,423 shares in the last quarter. Finally, Advisor OS LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 15.3% during the 1st quarter. Advisor OS LLC now owns 16,091 shares of the company’s stock valued at $380,000 after acquiring an additional 2,136 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of NYSEARCA:FNDX opened at $26.31 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $27.01. The firm has a market capitalization of $20.84 billion, a P/E ratio of 17.86 and a beta of 0.93. The stock has a 50 day moving average price of $26.39 and a 200-day moving average price of $25.23.

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.