Wealth Forward LLC increased its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 55.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 960,309 shares of the company’s stock after purchasing an additional 340,905 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up 13.4% of Wealth Forward LLC’s investment portfolio, making the stock its 2nd largest holding. Wealth Forward LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $30,221,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently modified their holdings of FNDX. Capital Advantage Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 19.6% during the second quarter. Capital Advantage Inc. now owns 214,467 shares of the company’s stock worth $6,670,000 after acquiring an additional 35,081 shares in the last quarter. Prairiewood Capital LLC grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 5.0% in the first quarter. Prairiewood Capital LLC now owns 1,914,777 shares of the company’s stock valued at $53,327,000 after purchasing an additional 90,716 shares during the last quarter. InTrack Investment Management Inc increased its position in Schwab Fundamental U.S. Large Company ETF by 321.1% in the 2nd quarter. InTrack Investment Management Inc now owns 61,589 shares of the company’s stock worth $1,915,000 after buying an additional 46,962 shares during the period. Avidian Wealth Enterprises LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter valued at about $3,013,000. Finally, Certified Advisory Corp grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.5% during the 1st quarter. Certified Advisory Corp now owns 882,278 shares of the company’s stock worth $24,571,000 after purchasing an additional 45,724 shares in the last quarter.
Schwab Fundamental U.S. Large Company ETF Price Performance
Shares of FNDX traded down $0.12 during mid-day trading on Wednesday, reaching $32.24. The company had a trading volume of 1,440,276 shares, compared to its average volume of 4,455,292. The company has a market capitalization of $27.87 billion, a P/E ratio of 17.86 and a beta of 0.88. The company’s 50-day moving average is $32.27 and its 200-day moving average is $31.07. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $25.87 and a twelve month high of $32.85.
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.
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