HighTower Advisors LLC Buys 99,156 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

HighTower Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.4% in the 4th quarter, Holdings Channel reports. The fund owned 1,937,060 shares of the company’s stock after acquiring an additional 99,156 shares during the quarter. HighTower Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $52,707,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Captrust Financial Advisors increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.4% during the third quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock worth $447,707,000 after acquiring an additional 718,789 shares in the last quarter. McAdam LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% during the 3rd quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock worth $230,154,000 after acquiring an additional 482,945 shares in the last quarter. Keybank National Association OH raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% in the fourth quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock valued at $225,618,000 after purchasing an additional 8,266,612 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.5% in the second quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock worth $199,151,000 after purchasing an additional 349,667 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 0.7% in the third quarter. Signature Estate & Investment Advisors LLC now owns 7,877,150 shares of the company’s stock worth $207,169,000 after purchasing an additional 55,429 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.8%

Shares of FNDX stock opened at $30.52 on Thursday. The firm has a market cap of $26.29 billion, a PE ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $23.18 and a 12 month high of $30.68. The company’s fifty day simple moving average is $28.95 and its 200-day simple moving average is $28.18.

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.