1,512,077 Shares in Schwab Fundamental U.S. Large Company ETF $FNDX Acquired by TTP Investments Inc.

TTP Investments Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,512,077 shares of the company’s stock, valued at approximately $47,585,000. Schwab Fundamental U.S. Large Company ETF makes up approximately 18.9% of TTP Investments Inc.’s portfolio, making the stock its 2nd largest position. TTP Investments Inc. owned 0.17% of Schwab Fundamental U.S. Large Company ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 6.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,039,245 shares of the company’s stock worth $218,921,000 after purchasing an additional 416,802 shares in the last quarter. Charles Schwab Trust Co grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 12.1% during the 2nd quarter. Charles Schwab Trust Co now owns 3,606,725 shares of the company’s stock valued at $112,169,000 after purchasing an additional 387,946 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 3,891,438 shares of the company’s stock valued at $108,377,000 after purchasing an additional 108,569 shares in the last quarter. Bank of America Corp DE grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 0.4% during the 1st quarter. Bank of America Corp DE now owns 3,144,222 shares of the company’s stock valued at $87,567,000 after purchasing an additional 13,371 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at $86,453,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $32.57 on Wednesday. The stock has a market cap of $28.34 billion, a P/E ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $25.87 and a fifty-two week high of $32.94. The firm’s fifty day moving average price is $32.32 and its 200-day moving average price is $30.58.

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.