45,794 Shares in Schwab Fundamental U.S. Large Company ETF $FNDX Bought by Valley National Advisers Inc.

Valley National Advisers Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the 3rd quarter, Holdings Channel reports. The fund purchased 45,794 shares of the company’s stock, valued at approximately $1,441,000.

Other institutional investors have also added to or reduced their stakes in the company. Root Financial Partners LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 0.7% in the third quarter. Root Financial Partners LLC now owns 44,101 shares of the company’s stock valued at $1,388,000 after buying an additional 308 shares in the last quarter. Asset Advisory Group Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.4% during the third quarter. Asset Advisory Group Inc. now owns 82,013 shares of the company’s stock worth $2,581,000 after buying an additional 342 shares during the last quarter. Nabity Jensen Investment Management Inc grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.5% during the third quarter. Nabity Jensen Investment Management Inc now owns 64,971 shares of the company’s stock worth $2,045,000 after buying an additional 347 shares during the last quarter. Plan A Wealth LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.6% during the second quarter. Plan A Wealth LLC now owns 22,772 shares of the company’s stock worth $708,000 after buying an additional 361 shares in the last quarter. Finally, Capital Investment Counsel LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the first quarter. Capital Investment Counsel LLC now owns 13,457 shares of the company’s stock worth $375,000 after buying an additional 381 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $32.60 on Monday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $25.87 and a 52 week high of $32.85. The stock has a market capitalization of $28.27 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. The stock has a fifty day moving average of $32.29 and a 200-day moving average of $31.35.

About Schwab Fundamental U.S. Large Company 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.