Valeo Financial Advisors LLC Raises Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Valeo Financial Advisors LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 203.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 89,189 shares of the company’s stock after acquiring an additional 59,768 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $2,112,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. McAdam LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after acquiring an additional 6,193,223 shares in the last quarter. Charles Schwab Trust Co boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the 4th quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock worth $64,132,000 after purchasing an additional 1,809,709 shares in the last quarter. Gemmer Asset Management LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 213.1% in the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock worth $58,581,000 after buying an additional 1,683,829 shares during the last quarter. Reston Wealth Management LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 209.5% during the 4th quarter. Reston Wealth Management LLC now owns 2,086,496 shares of the company’s stock valued at $49,408,000 after buying an additional 1,412,414 shares in the last quarter. Finally, Cornerstone Planning Group LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $93,978,000.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

Shares of NYSEARCA:FNDX opened at $24.81 on Friday. The company has a market capitalization of $5.68 billion, a PE ratio of 17.79 and a beta of 0.84. The business has a fifty day moving average price of $24.24 and a 200-day moving average price of $23.93. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $21.11 and a 1-year high of $25.17.

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.