Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by Next Capital Management LLC

Next Capital Management LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 233.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,796 shares of the company’s stock after acquiring an additional 36,958 shares during the quarter. Next Capital Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,250,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after purchasing an additional 262,526,108 shares in the last quarter. McAdam LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after buying an additional 6,193,223 shares during the period. Steele Capital Management Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after buying an additional 3,993,372 shares in the last quarter. Captrust Financial Advisors grew its stake in 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 acquiring an additional 313,382 shares during the period. Finally, Glassman Wealth Services raised its position in Schwab Fundamental U.S. Large Company Index ETF by 200.8% during the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after acquiring an additional 3,014,069 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.5 %

FNDX opened at $23.60 on Wednesday. The firm’s fifty day simple moving average is $24.29 and its two-hundred day simple moving average is $24.13. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $21.25 and a 52-week high of $25.17. The company has a market cap of $17.37 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00.

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