Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) is Elevation Wealth Partners LLC’s 3rd Largest Position

Elevation Wealth Partners LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 197.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 724,331 shares of the company’s stock after purchasing an additional 481,051 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for 7.2% of Elevation Wealth Partners LLC’s holdings, making the stock its 3rd largest holding. Elevation Wealth Partners LLC owned 0.32% of Schwab Fundamental U.S. Large Company Index ETF worth $17,152,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. McAdam LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after buying an additional 6,193,223 shares during the period. Captrust Financial Advisors increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% during the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after acquiring an additional 313,382 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% during the third quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock valued at $229,383,000 after acquiring an additional 501,854 shares during the last quarter. Charles Schwab Trust Co raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after acquiring an additional 1,809,709 shares during the period. Finally, Gemmer Asset Management LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 213.1% in the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock worth $58,581,000 after acquiring an additional 1,683,829 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.45 on Monday. The firm has a 50 day moving average price of $24.26 and a 200 day moving average price of $23.87. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.78 and a fifty-two week high of $25.17. The company has a market capitalization of $5.60 billion, a PE ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index 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.