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

Envision Financial LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 554,122 shares of the company’s stock, valued at approximately $13,122,000. Schwab Fundamental U.S. Large Company Index ETF comprises 10.5% of Envision Financial LLC’s investment portfolio, making the stock its 2nd largest position. Envision Financial LLC owned 0.24% of Schwab Fundamental U.S. Large Company Index ETF at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in FNDX. LPL Financial LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 9.6% in the second quarter. LPL Financial LLC now owns 472,086 shares of the company’s stock valued at $31,620,000 after acquiring an additional 41,328 shares in the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 5.7% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 8,520 shares of the company’s stock worth $571,000 after purchasing an additional 457 shares in the last quarter. Meeder Advisory Services Inc. acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF during the second quarter valued at approximately $325,000. Envestnet Asset Management Inc. boosted 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 worth $86,853,000 after buying an additional 176,979 shares in the last quarter. Finally, J.W. Cole Advisors Inc. grew its position in 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 buying an additional 1,920 shares during the last quarter.

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

Shares of FNDX traded up $0.03 during trading hours on Monday, hitting $23.51. 627,981 shares of the company were exchanged, compared to its average volume of 1,749,331. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $20.21 and a one year high of $25.17. The company has a market capitalization of $5.38 billion, a PE ratio of 17.79 and a beta of 0.84. The firm has a fifty day simple moving average of $24.32 and a 200-day simple moving average of $23.62.

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.