Pasadena Private Wealth LLC boosted its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 70.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 916,854 shares of the company’s stock after purchasing an additional 379,498 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up 3.4% of Pasadena Private Wealth LLC’s portfolio, making the stock its 5th biggest position. Pasadena Private Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $24,948,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. Captrust Financial Advisors raised its holdings in Schwab Fundamental U.S. Large Company ETF by 4.4% in the third quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock worth $447,707,000 after purchasing an additional 718,789 shares in the last quarter. TradeWell Securities LLC. bought a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth $346,153,000. Keybank National Association OH raised its holdings in Schwab Fundamental U.S. Large Company ETF by 32,896.7% in the fourth quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock worth $225,618,000 after purchasing an additional 8,266,612 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Schwab Fundamental U.S. Large Company ETF by 4.5% in the second quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock worth $199,151,000 after purchasing an additional 349,667 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 1.9% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 8,028,915 shares of the company’s stock worth $218,467,000 after purchasing an additional 151,765 shares in the last quarter.
Schwab Fundamental U.S. Large Company ETF Trading Up 0.2%
FNDX opened at $31.03 on Friday. The stock has a fifty day simple moving average of $29.29 and a two-hundred day simple moving average of $28.36. The company has a market cap of $26.72 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $23.44 and a 12-month high of $31.08.
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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