Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by Bell Investment Advisors Inc

Bell Investment Advisors Inc increased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 204.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,084,426 shares of the company’s stock after buying an additional 1,399,210 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 9.2% of Bell Investment Advisors Inc’s holdings, making the stock its 2nd largest position. Bell Investment Advisors Inc owned approximately 0.91% of Schwab Fundamental U.S. Large Company Index ETF worth $49,359,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after purchasing an additional 262,526,108 shares during the period. McAdam LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after purchasing an additional 6,193,223 shares during the period. Steele Capital Management Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after purchasing an additional 3,993,372 shares during the period. Captrust Financial Advisors raised 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 worth $333,059,000 after purchasing an additional 313,382 shares during the period. Finally, Glassman Wealth Services raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.8% during the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after purchasing an additional 3,014,069 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.8 %

NYSEARCA:FNDX opened at $24.03 on Monday. The firm has a market capitalization of $17.69 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $21.25 and a 1-year high of $25.17. The business’s fifty day moving average price is $24.33 and its 200 day moving average price is $24.13.

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.