Schwab Fundamental U.S. Large Company ETF $FNDX Shares Acquired by Glassman Wealth Services

Glassman Wealth Services increased its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,621,221 shares of the company’s stock after purchasing an additional 74,518 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up 17.4% of Glassman Wealth Services’ portfolio, making the stock its 2nd largest holding. Glassman Wealth Services’ holdings in Schwab Fundamental U.S. Large Company ETF were worth $113,405,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in FNDX. Townsend Asset Management Corp NC ADV raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.2% in the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock worth $898,000 after buying an additional 436 shares in the last quarter. Archvest Wealth Advisors Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 1.6% in the first quarter. Archvest Wealth Advisors Inc. now owns 29,063 shares of the company’s stock valued at $686,000 after buying an additional 455 shares in the last quarter. Mather Group LLC. grew its stake in Schwab Fundamental U.S. Large Company ETF by 2.9% during the second quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock worth $409,000 after buying an additional 468 shares during the last quarter. WealthShield Partners LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 40.4% during the 1st quarter. WealthShield Partners LLC now owns 1,881 shares of the company’s stock valued at $44,000 after purchasing an additional 541 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.0% in the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 27,365 shares of the company’s stock valued at $672,000 after buying an additional 546 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 1.1%

FNDX opened at $26.63 on Friday. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $27.01. The firm has a 50-day moving average price of $26.35 and a two-hundred day moving average price of $25.09. The stock has a market capitalization of $21.09 billion, a PE ratio of 17.86 and a beta of 0.93.

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.