20,128 Shares in Schwab Fundamental U.S. Large Company ETF $FNDX Purchased by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 20,128 shares of the company’s stock, valued at approximately $633,000.

Several other institutional investors also recently added to or reduced their stakes in FNDX. Captrust Financial Advisors lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 25.7% during the fourth quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock worth $582,113,000 after buying an additional 4,370,263 shares during the last quarter. Keybank National Association OH boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% in the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after acquiring an additional 4,162,731 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6.3% in the second quarter. Envestnet Asset Management Inc. now owns 7,039,245 shares of the company’s stock worth $218,921,000 after acquiring an additional 416,802 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 3,891,438 shares of the company’s stock worth $108,377,000 after acquiring an additional 108,569 shares during the last quarter. Finally, Charles Schwab Trust Co increased its position in Schwab Fundamental U.S. Large Company ETF by 12.1% during the second quarter. Charles Schwab Trust Co now owns 3,606,725 shares of the company’s stock worth $112,169,000 after acquiring an additional 387,946 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX stock traded up $0.21 on Thursday, reaching $32.56. 2,145,813 shares of the company were exchanged, compared to its average volume of 4,455,215. The firm has a market capitalization of $28.15 billion, a PE ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $25.87 and a 12 month high of $32.85. The stock’s fifty day moving average price is $32.27 and its 200 day moving average price is $31.11.

Schwab Fundamental U.S. Large Company ETF 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.