Charles Schwab Investment Management Inc. Has $9.31 Billion Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Charles Schwab Investment Management Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 393,150,463 shares of the company’s stock after buying an additional 262,526,108 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises 1.7% of Charles Schwab Investment Management Inc.’s portfolio, making the stock its 5th biggest position. Charles Schwab Investment Management Inc. owned about 171.68% of Schwab Fundamental U.S. Large Company Index ETF worth $9,309,803,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. McAdam LLC increased its holdings in shares of 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 buying an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after buying an additional 3,993,372 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% during the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock worth $333,059,000 after buying an additional 313,382 shares in the last quarter. Glassman Wealth Services increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.8% in the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock valued at $106,910,000 after purchasing an additional 3,014,069 shares in the last quarter. Finally, Callan Capital LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the fourth quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock valued at $88,107,000 after purchasing an additional 2,502,026 shares in the last quarter.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.31 on Tuesday. The firm has a market cap of $17.89 billion, a P/E ratio of 19.51 and a beta of 1.00. The firm has a 50 day simple moving average of $24.33 and a 200 day simple moving average of $24.10. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17.

Schwab Fundamental U.S. Large Company Index 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.