Venturi Wealth Management LLC Buys 3,062 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Venturi Wealth Management LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,593 shares of the company’s stock after acquiring 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 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. 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 purchasing an additional 12,884 shares during the period. Destination Wealth Management bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth about $209,000. Peapack Gladstone Financial Corp boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after acquiring an additional 2,490 shares in the last quarter. Stifel Financial Corp boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock valued at $737,000 after acquiring an additional 2,834 shares in the last quarter. Finally, Arlington Financial Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the 4th quarter. Arlington Financial Advisors LLC now owns 387,494 shares of the company’s stock worth $9,176,000 after acquiring an additional 257,238 shares during the period.

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

FNDX opened at $24.55 on Monday. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock has a fifty day simple moving average of $24.27 and a two-hundred day simple moving average of $24.02. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.25 and a 12-month 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.