Dunhill Financial LLC Invests $48,000 in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Dunhill Financial LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,049 shares of the company’s stock, valued at approximately $48,000.

A number of other institutional investors also recently added to or reduced their stakes in FNDX. Charles Schwab Investment Management Inc. grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 201.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after buying an additional 262,526,108 shares during the last quarter. Captrust Financial Advisors grew its holdings in Schwab Fundamental U.S. Large Company ETF by 221.9% in the fourth quarter. Captrust Financial Advisors now owns 14,941,376 shares of the company’s stock worth $353,819,000 after purchasing an additional 10,300,064 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 225.0% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock worth $246,015,000 after purchasing an additional 7,192,613 shares in the last quarter. Steele Capital Management Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 201.1% during the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after purchasing an additional 3,993,372 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 152.3% in the 4th quarter. Ameriprise Financial Inc. now owns 5,885,606 shares of the company’s stock worth $139,370,000 after purchasing an additional 3,552,950 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $23.98 on Wednesday. The stock’s fifty day moving average price is $23.21 and its 200 day moving average price is $23.74. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $25.17. The company has a market cap of $18.07 billion, a price-to-earnings ratio of 18.51 and a beta of 0.94.

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.