Evanson Asset Management LLC Purchases 17,627 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Evanson Asset Management LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,442 shares of the company’s stock after acquiring an additional 17,627 shares during the quarter. Evanson Asset Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $626,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Clear Point Advisors Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.0% during the 2nd quarter. Clear Point Advisors Inc. now owns 19,976 shares of the company’s stock valued at $1,338,000 after purchasing an additional 202 shares in the last quarter. Bruce G. Allen Investments LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 0.3% during the third quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock valued at $8,101,000 after buying an additional 288 shares in the last quarter. Kowal Investment Group LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 8.2% in the second quarter. Kowal Investment Group LLC now owns 5,087 shares of the company’s stock worth $341,000 after buying an additional 387 shares during the last quarter. Castleview Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth about $32,000. Finally, Howe & Rusling Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after acquiring an additional 468 shares during the last quarter.

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

Shares of FNDX stock opened at $24.37 on Monday. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock’s 50 day simple moving average is $24.30 and its 200 day simple moving average is $23.68. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.22 and a twelve month high of $25.17.

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.