LPL Financial LLC Increases Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

LPL Financial LLC grew its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 13.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,151,322 shares of the company’s stock after buying an additional 598,218 shares during the quarter. LPL Financial LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $140,167,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in FNDX. Revolve Wealth Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth $719,000. AQR Capital Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $739,000. Jane Street Group LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% in the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after acquiring an additional 25,267 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% in the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock worth $661,000 after acquiring an additional 645 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% in the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock worth $418,000 after acquiring an additional 16,792 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.9%

NYSEARCA FNDX opened at $30.57 on Thursday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $23.89 and a fifty-two week high of $31.29. The stock has a market cap of $26.33 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The business has a fifty day moving average of $29.87 and a 200-day moving average of $28.64.

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.