CGN Advisors LLC Has $463,000 Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

CGN Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 202.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,554 shares of the company’s stock after buying an additional 13,094 shares during the quarter. CGN Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $463,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Cornerstone Planning Group LLC acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $93,978,000. Financial Strategies Group Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 202.2% during the 3rd quarter. Financial Strategies Group Inc. now owns 843,310 shares of the company’s stock worth $60,516,000 after purchasing an additional 564,270 shares in the last quarter. Envision Financial LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth approximately $13,122,000. Certified Advisory Corp raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 240.8% during the fourth quarter. Certified Advisory Corp now owns 716,231 shares of the company’s stock worth $16,960,000 after acquiring an additional 506,044 shares during the period. Finally, Moller Wealth Partners boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 189.8% in the 4th quarter. Moller Wealth Partners now owns 766,515 shares of the company’s stock worth $18,151,000 after purchasing an additional 502,033 shares during the period.

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

NYSEARCA FNDX opened at $24.37 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.22 and a 52 week high of $25.17. The stock has a market capitalization of $5.58 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock’s 50 day moving average price is $24.30 and its two-hundred day moving average price is $23.67.

Schwab Fundamental U.S. Large Company Index 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.