HC Advisors LLC Invests $204,000 in Schwab Fundamental U.S. Large Company ETF $FNDX

HC Advisors LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the second quarter, Holdings Channel reports. The institutional investor bought 8,304 shares of the company’s stock, valued at approximately $204,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Boulay Financial Advisors LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 36.1% during the second quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock worth $195,005,000 after buying an additional 2,266,989 shares during the period. McAdam LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.3% during the second quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after purchasing an additional 182,584 shares during the period. Signature Estate & Investment Advisors LLC increased its stake in Schwab Fundamental U.S. Large Company ETF by 5.5% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 7,821,721 shares of the company’s stock valued at $191,945,000 after buying an additional 404,499 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 31.9% in the 1st quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock worth $183,321,000 after acquiring an additional 1,878,599 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 67.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after acquiring an additional 2,585,828 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.5%

NYSEARCA FNDX opened at $26.50 on Friday. The stock has a market capitalization of $20.99 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $26.97. The firm has a 50-day moving average price of $26.27 and a 200 day moving average price of $24.99.

Schwab Fundamental U.S. Large Company 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.