Beacon Pointe Advisors LLC Raises Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Beacon Pointe Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 76.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,483 shares of the company’s stock after purchasing an additional 36,156 shares during the period. Beacon Pointe Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,049,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Townsend Asset Management Corp NC ADV increased its holdings in Schwab Fundamental U.S. Large Company ETF by 1.2% in the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock worth $898,000 after buying an additional 436 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the 2nd quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after acquiring an additional 468 shares during the last quarter. WealthShield Partners LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 40.4% during the 1st quarter. WealthShield Partners LLC now owns 1,881 shares of the company’s stock valued at $44,000 after acquiring an additional 541 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.0% in the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 27,365 shares of the company’s stock worth $672,000 after acquiring an additional 546 shares during the period. Finally, HRC Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.8% during the first quarter. HRC Wealth Management LLC now owns 31,554 shares of the company’s stock valued at $745,000 after purchasing an additional 548 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.2%

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $27.28 on Friday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $27.36. The company’s 50 day moving average is $26.54 and its 200 day moving average is $25.46. The company has a market cap of $21.61 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

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.