Schwab Fundamental U.S. Large Company ETF $FNDX is Envision Financial LLC’s 2nd Largest Position

Envision Financial LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 7.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 655,421 shares of the company’s stock after acquiring an additional 44,861 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises about 9.4% of Envision Financial LLC’s holdings, making the stock its 2nd biggest holding. Envision Financial LLC owned 0.08% of Schwab Fundamental U.S. Large Company ETF worth $17,834,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capital Advantage Inc. grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 48.2% in the fourth quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock valued at $4,058,000 after purchasing an additional 48,529 shares during the period. Everhart Financial Group Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth about $335,000. Collective Family Office LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 21.9% during the 4th quarter. Collective Family Office LLC now owns 339,913 shares of the company’s stock worth $9,249,000 after purchasing an additional 61,121 shares during the last quarter. Foguth Wealth Management LLC. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at about $4,500,000. Finally, JPMorgan Chase & Co. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 2.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 138,868 shares of the company’s stock valued at $3,652,000 after buying an additional 3,833 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 1.1%

FNDX stock opened at $27.51 on Friday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $29.37. The business’s 50-day moving average is $28.50 and its 200 day moving average is $27.32. The stock has a market cap of $22.79 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

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.