Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Sees Large Volume Increase

Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) saw an uptick in trading volume on Tuesday . 895,050 shares changed hands during mid-day trading, an increase of 88% from the previous session’s volume of 477,333 shares.The stock last traded at $66.37 and had previously closed at $65.36.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 1.0 %

The company has a market cap of $15.11 billion, a P/E ratio of 17.79 and a beta of 0.84. The business’s 50 day simple moving average is $67.50 and its 200 day simple moving average is $65.85.

Institutional Trading of Schwab Fundamental U.S. Large Company Index ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Strategic Financial Concepts LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the second quarter worth about $6,398,000. Savant Capital LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 6.0% during the second quarter. Savant Capital LLC now owns 32,484 shares of the company’s stock worth $2,176,000 after acquiring an additional 1,835 shares during the last quarter. Private Advisor Group LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 1.8% during the second quarter. Private Advisor Group LLC now owns 694,888 shares of the company’s stock valued at $46,544,000 after acquiring an additional 12,504 shares in the last quarter. MCF Advisors LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 4.8% in the 2nd quarter. MCF Advisors LLC now owns 3,903 shares of the company’s stock valued at $261,000 after acquiring an additional 177 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 12.6% in the 2nd quarter. Nicholas Hoffman & Company LLC. now owns 127,379 shares of the company’s stock worth $8,532,000 after purchasing an additional 14,261 shares in the last quarter.

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.