Cetera Investment Advisers Has $108.38 Million Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Cetera Investment Advisers boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,891,438 shares of the company’s stock after purchasing an additional 108,569 shares during the quarter. Cetera Investment Advisers’ holdings in Schwab Fundamental U.S. Large Company ETF were worth $108,377,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth approximately $719,000. AQR Capital Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $739,000. Jane Street Group LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% in the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after acquiring an additional 25,267 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% in the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock worth $661,000 after acquiring an additional 645 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% in the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock worth $418,000 after acquiring an additional 16,792 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.8%

Shares of FNDX stock opened at $31.35 on Friday. The firm has a market capitalization of $26.34 billion, a P/E ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $24.27 and a 1 year high of $31.78. The firm’s fifty day simple moving average is $31.07 and its 200 day simple moving average is $29.53.

About Schwab Fundamental U.S. Large Company 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.