Schwab Fundamental U.S. Large Company ETF $FNDX Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 15.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 149,477 shares of the company’s stock after acquiring an additional 19,641 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,931,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% in the 2nd 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 grew its position in Schwab Fundamental U.S. Large Company ETF by 24,845.4% during the second 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 period. Envestnet Asset Management Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 67.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after buying an additional 2,585,828 shares in the last quarter. Boulay Financial Advisors LLC increased its holdings in 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 buying an additional 2,266,989 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% during the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock valued at $44,661,000 after acquiring an additional 879,651 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA:FNDX opened at $28.18 on Tuesday. The firm has a market capitalization of $23.12 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The business’s 50 day simple moving average is $27.27 and its 200-day simple moving average is $26.27. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $28.36.

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.