Schwab Fundamental U.S. Large Company ETF $FNDX Shares Acquired by IFP Advisors Inc

IFP Advisors Inc increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 27.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 120,957 shares of the company’s stock after purchasing an additional 26,290 shares during the period. IFP Advisors Inc’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,291,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Legacy Financial Strategies LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 1.1% during the 4th quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock worth $1,001,000 after purchasing an additional 385 shares during the period. Midland Wealth Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 0.6% during the 3rd quarter. Midland Wealth Advisors LLC now owns 66,619 shares of the company’s stock worth $1,752,000 after purchasing an additional 397 shares during the period. Godsey & Gibb Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 6.2% during the 4th quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock worth $185,000 after purchasing an additional 399 shares during the period. Assetmark Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 2.7% during the 4th quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock worth $420,000 after purchasing an additional 408 shares during the period. Finally, Atlantic Union Bankshares Corp boosted its position in Schwab Fundamental U.S. Large Company ETF by 6.5% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock worth $177,000 after purchasing an additional 412 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.2%

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $30.58 on Friday. The company has a fifty day moving average price of $29.00 and a 200 day moving average price of $28.20. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $23.18 and a twelve month high of $30.68. The stock has a market cap of $26.34 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

Schwab Fundamental U.S. Large Company 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.