Schwab Fundamental U.S. Large Company ETF $FNDX Shares Acquired by Studio Investment Management LLC

Studio Investment Management LLC increased its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,268 shares of the company’s stock after buying an additional 870 shares during the period. Studio Investment Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $669,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Woodside Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $25,000. Bridge Generations Wealth Management LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 171.2% in the first quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after buying an additional 738 shares during the last quarter. Key Financial Inc raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 79.5% in the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after buying an additional 596 shares during the last quarter. Dagco Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $33,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the second quarter valued at approximately $37,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $26.54 on Wednesday. The firm has a 50 day simple moving average of $25.99 and a 200-day simple moving average of $24.54. The firm has a market cap of $20.94 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 $26.66.

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.