Avidian Wealth Enterprises LLC Boosts Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Avidian Wealth Enterprises LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 206.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 205,318 shares of the company’s stock after purchasing an additional 138,401 shares during the quarter. Avidian Wealth Enterprises LLC owned about 0.09% of Schwab Fundamental U.S. Large Company Index ETF worth $4,862,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FNDX. McAdam LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after acquiring an additional 6,193,223 shares during the last quarter. Charles Schwab Trust Co raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the fourth quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after purchasing an additional 1,809,709 shares in the last quarter. Gemmer Asset Management LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 213.1% during the fourth quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock valued at $58,581,000 after purchasing an additional 1,683,829 shares during the last quarter. Reston Wealth Management LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 209.5% in the fourth quarter. Reston Wealth Management LLC now owns 2,086,496 shares of the company’s stock worth $49,408,000 after acquiring an additional 1,412,414 shares in the last quarter. Finally, Cornerstone Planning Group LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at $93,978,000.

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

FNDX stock opened at $24.65 on Wednesday. The company has a market capitalization of $5.64 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $20.78 and a one year high of $25.17. The company’s 50 day moving average price is $24.25 and its two-hundred day moving average price is $23.88.

Schwab Fundamental U.S. Large Company Index ETF 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.