Cambridge Investment Research Advisors Inc. Has $50.28 Million Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Cambridge Investment Research Advisors Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,847,946 shares of the company’s stock after buying an additional 87,275 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $50,283,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FNDX. Capital Investment Advisory Services LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock valued at $37,000 after buying an additional 615 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at about $39,000. First Command Advisory Services Inc. bought a new position in Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $43,000. Fifth Third Bancorp bought a new position in Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $44,000. Finally, LGT Financial Advisors LLC boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 11,188.2% in the third quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock valued at $50,000 after acquiring an additional 1,902 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $30.30 on Monday. The business’s 50-day simple moving average is $28.83 and its 200 day simple moving average is $28.10. The stock has a market cap of $26.10 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $23.18 and a 12-month high of $30.68.

Schwab Fundamental U.S. Large Company 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.