Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Lakewood Asset Management LLC

Lakewood Asset Management LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 198.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 366,481 shares of the company’s stock after purchasing an additional 243,482 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for approximately 6.0% of Lakewood Asset Management LLC’s portfolio, making the stock its 3rd biggest position. Lakewood Asset Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $8,678,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 15.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,296,701 shares of the company’s stock valued at $86,853,000 after buying an additional 176,979 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 56.0% in the second quarter. J.W. Cole Advisors Inc. now owns 5,348 shares of the company’s stock worth $358,000 after purchasing an additional 1,920 shares during the period. Citizens Financial Group Inc. RI bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the second quarter worth about $252,000. Mercer Global Advisors Inc. ADV increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 11.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 73,222 shares of the company’s stock worth $4,904,000 after purchasing an additional 7,579 shares during the period. Finally, Blair William & Co. IL increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 15.8% in the second quarter. Blair William & Co. IL now owns 7,604 shares of the company’s stock worth $509,000 after purchasing an additional 1,037 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.14 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.21 and a 52 week high of $25.17. The firm has a market capitalization of $5.53 billion, a PE ratio of 17.79 and a beta of 0.84. The business’s 50-day simple moving average is $24.31 and its 200-day simple moving average is $23.64.

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.