Foster Victor Wealth Advisors LLC Grows Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Foster Victor Wealth Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 192.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 47,808 shares of the company’s stock after purchasing an additional 31,464 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,165,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Asset Dedication LLC raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Asset Dedication LLC now owns 2,553 shares of the company’s stock valued at $60,000 after purchasing an additional 1,702 shares during the period. Capital Investment Counsel LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 209.7% in the 4th quarter. Capital Investment Counsel LLC now owns 13,437 shares of the company’s stock worth $318,000 after buying an additional 9,098 shares in the last quarter. Clarity Capital Advisors LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the fourth quarter. Clarity Capital Advisors LLC now owns 35,311 shares of the company’s stock valued at $836,000 after acquiring an additional 23,596 shares during the period. Perigon Wealth Management LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 269.4% in the fourth quarter. Perigon Wealth Management LLC now owns 92,932 shares of the company’s stock valued at $2,246,000 after acquiring an additional 67,773 shares in the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 13,980 shares of the company’s stock valued at $331,000 after acquiring an additional 9,320 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.3 %

NYSEARCA:FNDX opened at $24.66 on Wednesday. The stock has a 50-day moving average price of $24.31 and a 200 day moving average price of $23.78. The stock has a market capitalization of $5.65 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $20.72 and a 12-month high of $25.17.

About Schwab Fundamental U.S. Large Company Index ETF

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.