WESPAC Advisors LLC Buys 9,243 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

WESPAC Advisors LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 131.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,272 shares of the company’s stock after buying an additional 9,243 shares during the quarter. WESPAC Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $385,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FNDX. McAdam LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after purchasing an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after purchasing an additional 3,993,372 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock valued at $333,059,000 after purchasing an additional 313,382 shares in the last quarter. Callan Capital LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the 4th quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock valued at $88,107,000 after purchasing an additional 2,502,026 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock valued at $229,383,000 after purchasing an additional 501,854 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

NYSEARCA:FNDX opened at $24.55 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year high of $25.17. The firm has a market cap of $5.62 billion, a P/E ratio of 17.79 and a beta of 0.84. The firm has a 50-day simple moving average of $24.27 and a 200-day simple moving average of $24.01.

About Schwab Fundamental U.S. Large Company Index 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.