Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Bought by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 206.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 441,944 shares of the company’s stock after buying an additional 297,502 shares during the period. Manning & Napier Advisors LLC owned 0.19% of Schwab Fundamental U.S. Large Company Index ETF worth $10,465,000 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 FNDX. Charles Schwab Trust Co lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the fourth quarter. Charles Schwab Trust Co now owns 2,708,289 shares of the company’s stock valued at $64,132,000 after buying an additional 1,809,709 shares during the last quarter. Gemmer Asset Management LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 213.1% in the 4th quarter. Gemmer Asset Management LLC now owns 2,473,879 shares of the company’s stock worth $58,581,000 after acquiring an additional 1,683,829 shares during the last quarter. Cornerstone Planning Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $93,978,000. Kavar Capital Partners Group LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 217.6% in the 4th quarter. Kavar Capital Partners Group LLC now owns 1,392,480 shares of the company’s stock valued at $32,974,000 after purchasing an additional 953,995 shares during the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. raised its position in Schwab Fundamental U.S. Large Company Index ETF by 205.5% in the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,391,443 shares of the company’s stock valued at $32,949,000 after purchasing an additional 935,959 shares during the period.

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

NYSEARCA:FNDX opened at $24.66 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.72 and a 52 week high of $25.17. The stock’s fifty day moving average is $24.31 and its two-hundred day moving average is $23.78. The stock has a market capitalization of $5.65 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.