Sequoia Financial Advisors LLC Increases Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Sequoia Financial Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,875 shares of the company’s stock after buying an additional 79,333 shares during the quarter. Sequoia Financial Advisors LLC owned 0.05% of Schwab Fundamental U.S. Large Company Index ETF worth $2,815,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in FNDX. Charles Schwab Investment Management Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after buying an additional 262,526,108 shares in the last quarter. McAdam LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after buying an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after purchasing an additional 3,993,372 shares in the last quarter. Glassman Wealth Services raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.8% in the 4th quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock valued at $106,910,000 after purchasing an additional 3,014,069 shares in the last quarter. Finally, Callan Capital LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the 4th quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock valued at $88,107,000 after purchasing an additional 2,502,026 shares in the last quarter.

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

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.45 on Friday. The firm has a market cap of $17.26 billion, a PE ratio of 19.51 and a beta of 1.00. The firm’s 50-day simple moving average is $24.30 and its 200-day simple moving average is $24.12. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $21.25 and a 1 year high of $25.17.

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