Venturi Wealth Management LLC Boosts Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Venturi Wealth Management LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,593 shares of the company’s stock after buying an additional 3,062 shares during the period. Venturi Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $109,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Foundations Investment Advisors LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth $237,000. Joel Isaacson & Co. LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth about $201,000. Allworth Financial LP grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 53.9% during the 3rd quarter. Allworth Financial LP now owns 3,617 shares of the company’s stock worth $260,000 after acquiring an additional 1,267 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 0.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 169,424 shares of the company’s stock worth $12,158,000 after acquiring an additional 785 shares in the last quarter. Finally, Kavar Capital Partners Group LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 1.5% during the 3rd quarter. Kavar Capital Partners Group LLC now owns 438,485 shares of the company’s stock valued at $31,466,000 after purchasing an additional 6,410 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 1.4 %

Shares of NYSEARCA:FNDX opened at $24.55 on Monday. The firm has a 50 day moving average of $24.27 and a 200 day moving average of $24.02. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $21.25 and a 52 week 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.