Archford Capital Strategies LLC Increases Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Archford Capital Strategies LLC lifted its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 43.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 247,027 shares of the company’s stock after purchasing an additional 75,244 shares during the period. Archford Capital Strategies LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $6,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Trust Co. NA purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $47,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $431,000. Janney Montgomery Scott LLC increased its stake in shares of 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 worth $684,000 after purchasing an additional 7,679 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of 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 worth $644,000 after purchasing an additional 6,214 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 90.3% in 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 in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA FNDX opened at $26.31 on Monday. The firm has a fifty day moving average price of $25.50 and a 200-day moving average price of $24.22. The stock has a market cap of $19.99 billion, a PE ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $26.51.

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.