Avidian Wealth Solutions LLC Buys 1,447 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Avidian Wealth Solutions LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 60,712 shares of the company’s stock after acquiring an additional 1,447 shares during the period. Avidian Wealth Solutions LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $3,760,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Pacific Wealth Strategies Group Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.6% in the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 75,523 shares of the company’s stock worth $4,678,000 after acquiring an additional 1,940 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.5% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 40,340 shares of the company’s stock valued at $2,499,000 after purchasing an additional 6,294 shares during the last quarter. Foster & Motley Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.9% in the 4th quarter. Foster & Motley Inc. now owns 92,326 shares of the company’s stock worth $5,719,000 after purchasing an additional 4,321 shares in the last quarter. Planned Solutions Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth approximately $21,114,000. Finally, Leavell Investment Management Inc. increased its position in Schwab Fundamental U.S. Large Company Index ETF by 3.0% during the 4th quarter. Leavell Investment Management Inc. now owns 81,830 shares of the company’s stock valued at $5,069,000 after buying an additional 2,420 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.9 %

NYSEARCA:FNDX traded up $0.57 during trading hours on Friday, reaching $65.17. 407,779 shares of the company traded hands, compared to its average volume of 517,822. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $53.32 and a 1 year high of $67.52. The stock has a market capitalization of $14.79 billion, a P/E ratio of 17.39 and a beta of 0.86. The business’s 50-day moving average price is $65.47 and its two-hundred day moving average price is $61.93.

Schwab Fundamental U.S. Large Company Index 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.