Archvest Wealth Advisors Inc. Grows Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Archvest Wealth Advisors Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,608 shares of the company’s stock after buying an additional 19,109 shares during the period. Archvest Wealth Advisors Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $677,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the fourth quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after purchasing an additional 12,884 shares in the last quarter. Destination Wealth Management purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $209,000. Peapack Gladstone Financial Corp boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the third quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after buying an additional 2,490 shares in the last quarter. Stifel Financial Corp grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after acquiring an additional 2,834 shares during the period. Finally, Synovus Financial Corp raised its position in Schwab Fundamental U.S. Large Company Index ETF by 92.6% in the third quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock worth $8,514,000 after acquiring an additional 57,059 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.9 %

NYSEARCA:FNDX opened at $24.45 on Friday. The stock has a market cap of $5.60 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.78 and a fifty-two week high of $25.17. The firm’s fifty day simple moving average is $24.28 and its 200-day simple moving average is $23.84.

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.