Schwab Fundamental U.S. Large Company ETF $FNDX Shares Purchased by Envision Financial LLC

Envision Financial LLC raised its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 7.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 655,421 shares of the company’s stock after purchasing an additional 44,861 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for approximately 9.4% of Envision Financial LLC’s portfolio, making the stock its 2nd biggest holding. Envision Financial LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $17,834,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital Advantage Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 48.2% during the fourth quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock worth $4,058,000 after buying an additional 48,529 shares in the last quarter. Everhart Financial Group Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $335,000. Collective Family Office LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 21.9% in the fourth quarter. Collective Family Office LLC now owns 339,913 shares of the company’s stock worth $9,249,000 after buying an additional 61,121 shares in the last quarter. Foguth Wealth Management LLC. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $4,500,000. Finally, JPMorgan Chase & Co. boosted its position in Schwab Fundamental U.S. Large Company ETF by 2.8% during the third quarter. JPMorgan Chase & Co. now owns 138,868 shares of the company’s stock worth $3,652,000 after acquiring an additional 3,833 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 1.1%

Shares of NYSEARCA FNDX opened at $27.51 on Friday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $29.37. The stock has a market cap of $22.79 billion, a PE ratio of 17.86 and a beta of 0.93. The company has a 50-day moving average of $28.50 and a 200 day moving average of $27.32.

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.