Advocate Group LLC Boosts Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Advocate Group LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,405 shares of the company’s stock after acquiring an additional 6,270 shares during the quarter. Advocate Group LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $223,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the fourth quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after purchasing an additional 12,884 shares in the last quarter. Destination Wealth Management acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at about $209,000. Peapack Gladstone Financial Corp boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the third quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after purchasing an additional 2,490 shares during the period. Stifel Financial Corp grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after purchasing an additional 2,834 shares in the last quarter. Finally, Synovus Financial Corp raised its position in Schwab Fundamental U.S. Large Company Index ETF by 92.6% in the 3rd quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock valued at $8,514,000 after purchasing an additional 57,059 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.1 %

NYSEARCA FNDX opened at $24.68 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.72 and a 52 week high of $25.17. The firm has a 50 day moving average of $24.29 and a two-hundred day moving average of $23.73. The stock has a market capitalization of $5.65 billion, a PE ratio of 17.79 and a beta of 0.84.

About Schwab Fundamental U.S. Large Company Index 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.