Wealth Enhancement Advisory Services LLC Buys 422,347 Shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 249.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 591,771 shares of the company’s stock after purchasing an additional 422,347 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $14,013,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FNDX. Janney Montgomery Scott LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth approximately $505,000. Geneos Wealth Management Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1,296.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 5,082 shares of the company’s stock worth $120,000 after acquiring an additional 4,718 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth approximately $719,000. Asset Dedication LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 200.0% during the 4th quarter. Asset Dedication LLC now owns 2,553 shares of the company’s stock worth $60,000 after acquiring an additional 1,702 shares during the last quarter. Finally, SOL Capital Management CO increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 200.0% during the 4th quarter. SOL Capital Management CO now owns 27,600 shares of the company’s stock worth $654,000 after acquiring an additional 18,400 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.1%

FNDX stock opened at $23.63 on Friday. The firm has a market capitalization of $17.72 billion, a PE ratio of 17.98 and a beta of 0.95. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $25.17. The business’s 50 day simple moving average is $22.88 and its 200 day simple moving average is $23.81.

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.