Farther Finance Advisors LLC Has $190,000 Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Farther Finance Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 209.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,042 shares of the company’s stock after acquiring an additional 5,439 shares during the period. Farther Finance Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $190,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. increased its stake 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 valued at $9,309,803,000 after buying an additional 262,526,108 shares during the last quarter. McAdam LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during 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. lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after buying an additional 3,993,372 shares in the last quarter. Glassman Wealth Services lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.8% during the 4th quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after buying an additional 3,014,069 shares in the last quarter. Finally, Callan Capital LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 205.3% during the 4th quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock worth $88,107,000 after buying an additional 2,502,026 shares in the last quarter.

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

Shares of NYSEARCA:FNDX opened at $23.78 on Thursday. The company’s 50-day moving average price is $24.29 and its two-hundred day moving average price is $24.13. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year high of $25.17. The stock has a market capitalization of $17.50 billion, a PE ratio of 19.51 and a beta of 1.00.

About Schwab Fundamental U.S. Large Company Index 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.