BCS Wealth Management Purchases 32,377 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

BCS Wealth Management boosted its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 22.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 178,274 shares of the company’s stock after acquiring an additional 32,377 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for approximately 1.1% of BCS Wealth Management’s holdings, making the stock its 25th largest position. BCS Wealth Management’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,689,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after purchasing an additional 12,903,364 shares in the last quarter. AlphaCore Capital LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 24,845.4% in the 2nd quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock worth $83,352,000 after buying an additional 3,382,953 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 67.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after acquiring an additional 2,585,828 shares during the period. Boulay Financial Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 36.1% during the 2nd quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock valued at $195,005,000 after acquiring an additional 2,266,989 shares during the last quarter. Finally, Fortis Capital Advisors LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at about $29,957,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 1.0%

FNDX opened at $27.71 on Tuesday. The stock has a market capitalization of $22.51 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The firm has a 50 day moving average price of $26.96 and a 200-day moving average price of $26.02. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $27.79.

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.