AdvisorNet Financial Inc Boosts Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

AdvisorNet Financial Inc grew its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 195.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 156,826 shares of the company’s stock after purchasing an additional 103,820 shares during the period. AdvisorNet Financial Inc owned approximately 0.07% of Schwab Fundamental U.S. Large Company Index ETF worth $3,714,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Clear Point Advisors Inc. lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 1.0% in the second quarter. Clear Point Advisors Inc. now owns 19,976 shares of the company’s stock valued at $1,338,000 after buying an additional 202 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 13.1% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,984 shares of the company’s stock worth $133,000 after acquiring an additional 230 shares during the last quarter. Bruce G. Allen Investments LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.3% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock worth $8,101,000 after purchasing an additional 288 shares during the period. Kowal Investment Group LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 8.2% in the 2nd quarter. Kowal Investment Group LLC now owns 5,087 shares of the company’s stock valued at $341,000 after purchasing an additional 387 shares during the last quarter. Finally, Castleview Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at approximately $32,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.7 %

NYSEARCA:FNDX opened at $23.65 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.21 and a 52 week high of $25.17. The stock’s fifty day moving average is $24.32 and its two-hundred day moving average is $23.63. The stock has a market capitalization of $5.42 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

About Schwab Fundamental U.S. Large Company Index ETF

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.