HighTower Advisors LLC Purchases 147,000 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

HighTower Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,837,904 shares of the company’s stock after purchasing an additional 147,000 shares during the period. HighTower Advisors LLC owned 0.23% of Schwab Fundamental U.S. Large Company ETF worth $48,337,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after buying an additional 12,903,364 shares during the period. Captrust Financial Advisors boosted its position in Schwab Fundamental U.S. Large Company ETF by 5.0% during the 2nd quarter. Captrust Financial Advisors now owns 16,304,295 shares of the company’s stock worth $400,106,000 after buying an additional 771,493 shares during the period. Boulay Financial Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% during the 3rd quarter. Boulay Financial Advisors LLC now owns 8,772,604 shares of the company’s stock worth $230,719,000 after acquiring an additional 243,340 shares during the last quarter. McAdam LLC increased its position in Schwab Fundamental U.S. Large Company ETF by 5.8% in the 3rd quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock valued at $230,154,000 after acquiring an additional 482,945 shares during the period. Finally, Ameriprise Financial Inc. increased its position in Schwab Fundamental U.S. Large Company ETF by 4.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock valued at $199,151,000 after acquiring an additional 349,667 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of NYSEARCA:FNDX opened at $28.86 on Wednesday. The firm has a market cap of $23.91 billion, a PE ratio of 17.86 and a beta of 0.93. The firm’s fifty day moving average is $28.02 and its 200-day moving average is $26.83. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $29.37.

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.