Envision Financial LLC Acquires New Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Envision Financial LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 554,122 shares of the company’s stock, valued at approximately $13,122,000. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 10.5% of Envision Financial LLC’s holdings, making the stock its 2nd biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Investment Advisors LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 276.7% in the 4th quarter. Capital Investment Advisors LLC now owns 22,928 shares of the company’s stock worth $543,000 after purchasing an additional 16,841 shares during the last quarter. Brookstone Capital Management lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% in the 4th quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after acquiring an additional 12,884 shares during the period. Boyce & Associates Wealth Consulting Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 10,362 shares of the company’s stock worth $245,000 after acquiring an additional 6,908 shares during the period. Bruce G. Allen Investments LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.7% during the 4th quarter. Bruce G. Allen Investments LLC now owns 345,093 shares of the company’s stock worth $8,172,000 after purchasing an additional 232,196 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 12,223 shares of the company’s stock valued at $289,000 after purchasing an additional 8,168 shares during the period.

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

Shares of FNDX stock traded up $0.03 during mid-day trading on Monday, reaching $23.51. The company’s stock had a trading volume of 627,981 shares, compared to its average volume of 1,749,331. The company has a market cap of $5.38 billion, a P/E ratio of 17.79 and a beta of 0.84. The firm’s 50-day moving average is $24.32 and its two-hundred day moving average is $23.62. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $20.21 and a 1-year high of $25.17.

Schwab Fundamental U.S. Large Company Index 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.