Strata Wealth Advisors LLC Has $14.39 Million Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Strata Wealth Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 205.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 607,668 shares of the company’s stock after acquiring an additional 408,896 shares during the period. Schwab Fundamental U.S. Large Company Index ETF makes up about 4.5% of Strata Wealth Advisors LLC’s holdings, making the stock its 5th largest position. Strata Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $14,390,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Castleview Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $32,000. Howe & Rusling Inc. boosted its position 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 purchasing an additional 468 shares in the last quarter. Etfidea LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after purchasing an additional 473 shares in the last quarter. Signaturefd LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 4.2% during the third quarter. Signaturefd LLC now owns 15,963 shares of the company’s stock valued at $1,146,000 after purchasing an additional 648 shares during the last quarter. Finally, JMG Financial Group Ltd. boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 11.6% during the third quarter. JMG Financial Group Ltd. now owns 6,221 shares of the company’s stock worth $446,000 after buying an additional 649 shares in the last quarter.

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

NYSEARCA FNDX opened at $24.96 on Wednesday. The stock has a market capitalization of $5.72 billion, a P/E ratio of 17.79 and a beta of 0.84. The business’s fifty day moving average is $24.24 and its two-hundred day moving average is $23.94. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $21.11 and a 1 year 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.