Schwab Fundamental U.S. Large Company ETF $FNDX Stake Lifted by Burt Wealth Advisors

Burt Wealth Advisors increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 655,010 shares of the company’s stock after purchasing an additional 15,120 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up approximately 3.7% of Burt Wealth Advisors’ portfolio, making the stock its 10th biggest position. Burt Wealth Advisors’ holdings in Schwab Fundamental U.S. Large Company ETF were worth $16,074,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FNDX. Private Trust Co. NA purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $47,000. Dynamic Advisor Solutions LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at $431,000. Janney Montgomery Scott LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 36.0% in the first quarter. Janney Montgomery Scott LLC now owns 28,991 shares of the company’s stock valued at $684,000 after acquiring an additional 7,679 shares during the last quarter. QRG Capital Management Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 29.5% in the first quarter. QRG Capital Management Inc. now owns 27,266 shares of the company’s stock valued at $644,000 after acquiring an additional 6,214 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 90.3% during the first quarter. Farther Finance Advisors LLC now owns 15,302 shares of the company’s stock worth $361,000 after purchasing an additional 7,260 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX opened at $26.11 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $26.19. The stock has a market capitalization of $19.84 billion, a P/E ratio of 17.86 and a beta of 1.00. The business’s 50-day simple moving average is $25.27 and its 200-day simple moving average is $24.07.

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.