Systelligence LLC Purchases 62,937 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Systelligence LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 17.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 415,305 shares of the company’s stock after purchasing an additional 62,937 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises approximately 2.2% of Systelligence LLC’s holdings, making the stock its 18th largest position. Systelligence LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $11,566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNDX. Charles Schwab Investment Management Inc. increased its position in Schwab Fundamental U.S. Large Company ETF by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock worth $11,249,790,000 after buying an additional 4,241,879 shares during the period. Captrust Financial Advisors boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 25.7% in the fourth quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock valued at $582,113,000 after acquiring an additional 4,370,263 shares during the period. TradeWell Securities LLC. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $346,153,000. Boulay Financial Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company ETF by 4.0% during the 4th quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock valued at $248,326,000 after purchasing an additional 353,656 shares during the last quarter. Finally, Keybank National Association OH lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% in the fourth quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock valued at $225,618,000 after buying an additional 8,266,612 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX stock opened at $30.98 on Friday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.27 and a twelve month high of $31.56. The company has a market cap of $26.68 billion, a PE ratio of 17.86 and a beta of 0.87. The business’s 50-day simple moving average is $30.51 and its 200 day simple moving average is $28.97.

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.