Y Intercept Hong Kong Ltd Raises Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Y Intercept Hong Kong Ltd increased its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 53.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,253 shares of the company’s stock after purchasing an additional 23,175 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,742,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 3.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock worth $9,871,112,000 after acquiring an additional 12,903,364 shares during the last quarter. AlphaCore Capital LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 24,845.4% in the 2nd quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock valued at $83,352,000 after purchasing an additional 3,382,953 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 67.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock worth $156,910,000 after purchasing an additional 2,585,828 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% during the second quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock worth $44,661,000 after purchasing an additional 879,651 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in Schwab Fundamental U.S. Large Company ETF by 5.0% in the second quarter. Captrust Financial Advisors now owns 16,304,295 shares of the company’s stock valued at $400,106,000 after buying an additional 771,493 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX opened at $28.40 on Friday. The company has a market cap of $23.47 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $28.52. The business’s 50-day simple moving average is $27.55 and its 200-day simple moving average is $26.44.

Schwab Fundamental U.S. Large Company 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.