DAVENPORT & Co LLC Increases Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

DAVENPORT & Co LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 916,929 shares of the company’s stock after purchasing an additional 90,138 shares during the quarter. DAVENPORT & Co LLC owned 0.11% of Schwab Fundamental U.S. Large Company ETF worth $24,950,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Burk Holdings LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at approximately $489,000. Capital Advantage Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 48.2% during the 4th quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock worth $4,058,000 after acquiring an additional 48,529 shares during the period. AlphaCore Capital LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 5.9% during the 3rd quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock worth $94,593,000 after acquiring an additional 200,122 shares during the period. Blueprint Investment Partners LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF by 28.4% in the 3rd quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock worth $5,117,000 after purchasing an additional 43,090 shares in the last quarter. Finally, Blueprint Financial Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 2nd quarter valued at $4,739,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX opened at $27.90 on Thursday. The firm has a market capitalization of $23.12 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $29.37. The company has a fifty day moving average price of $28.49 and a 200-day moving average price of $27.37.

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.