Avidian Wealth Solutions LLC Has $3.76 Million Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Avidian Wealth Solutions LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,712 shares of the company’s stock after purchasing an additional 1,447 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $3,760,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gradient Investments LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 2,886.7% during the 3rd quarter. Gradient Investments LLC now owns 448 shares of the company’s stock worth $25,000 after buying an additional 433 shares in the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at $25,000. WealthShield Partners LLC bought a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $44,000. Glass Jacobson Investment Advisors llc grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 43.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,340 shares of the company’s stock worth $75,000 after purchasing an additional 404 shares during the period. Finally, Citigroup Inc. grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 20.1% in the third quarter. Citigroup Inc. now owns 1,338 shares of the company’s stock worth $75,000 after purchasing an additional 224 shares during the period.

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

Shares of NYSEARCA FNDX traded up $0.57 during trading on Friday, hitting $65.17. 407,779 shares of the company traded hands, compared to its average volume of 517,822. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86. The business’s fifty day moving average is $65.47 and its 200 day moving average is $61.93. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $53.32 and a fifty-two week high of $67.52.

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.