Townsend Asset Management Corp NC ADV lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 691.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,918 shares of the company’s stock after purchasing an additional 27,012 shares during the period. Townsend Asset Management Corp NC ADV’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $861,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in FNDX. Angeles Wealth Management LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 4.8% during the first quarter. Angeles Wealth Management LLC now owns 70,728 shares of the company’s stock valued at $1,970,000 after buying an additional 3,243 shares during the period. Independent Financial Group LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth about $600,000. D.A. Davidson & CO. raised its position in Schwab Fundamental U.S. Large Company ETF by 169.5% in the first quarter. D.A. Davidson & CO. now owns 25,449 shares of the company’s stock worth $709,000 after acquiring an additional 16,007 shares during the period. RFG Bristol Wealth Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 23.5% in the first quarter. RFG Bristol Wealth Advisors LLC now owns 156,749 shares of the company’s stock valued at $4,365,000 after acquiring an additional 29,812 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Schwab Fundamental U.S. Large Company ETF by 4.0% in the first quarter. Bank of New York Mellon Corp now owns 2,629,717 shares of the company’s stock valued at $73,238,000 after acquiring an additional 101,050 shares during the last quarter.
Schwab Fundamental U.S. Large Company ETF Stock Down 0.5%
Schwab Fundamental U.S. Large Company ETF stock opened at $31.46 on Friday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.27 and a twelve month high of $31.72. The firm has a 50 day moving average price of $30.99 and a 200-day moving average price of $29.40. The company has a market capitalization of $26.36 billion, a P/E ratio of 17.86 and a beta of 0.87.
About Schwab Fundamental U.S. Large Company ETF
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.
Further Reading
- Five stocks we like better than Schwab Fundamental U.S. Large Company ETF
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Want to see what other hedge funds are holding FNDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report).
Receive News & Ratings for Schwab Fundamental U.S. Large Company ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental U.S. Large Company ETF and related companies with MarketBeat.com's FREE daily email newsletter.
