Schwab Fundamental U.S. Large Company ETF $FNDX is Pasadena Private Wealth LLC’s 8th Largest Position

Pasadena Private Wealth LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.8% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 669,199 shares of the company’s stock after buying an additional 65,002 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for approximately 2.8% of Pasadena Private Wealth LLC’s portfolio, making the stock its 8th largest position. Pasadena Private Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $16,422,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at approximately $47,000. Janney Montgomery Scott LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 36.0% during 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 during the last quarter. Aufman Associates Inc raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 627.9% during the first quarter. Aufman Associates Inc now owns 96,175 shares of the company’s stock worth $2,271,000 after purchasing an additional 82,962 shares during the last quarter. Advisors Capital Management LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% during the first quarter. Advisors Capital Management LLC now owns 13,746 shares of the company’s stock worth $325,000 after purchasing an additional 759 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 31.9% during the first quarter. Avantax Advisory Services Inc. now owns 25,552 shares of the company’s stock worth $603,000 after purchasing an additional 6,181 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $26.73 on Monday. The company has a market cap of $21.10 billion, a P/E ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $26.81. The firm has a fifty day moving average of $26.06 and a two-hundred day moving average of $24.67.

Schwab Fundamental U.S. Large Company ETF 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.