Succession Financial Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 124,191 shares of the company’s stock, valued at approximately $3,862,000. Schwab Fundamental U.S. Large Company ETF comprises 3.7% of Succession Financial Inc.’s holdings, making the stock its 6th biggest holding.
Several other hedge funds have also recently added to or reduced their stakes in FNDX. Keenan LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth $27,000. Resources Management Corp CT ADV acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth $27,000. Ascentis Independent Advisors purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $28,000. Valued Wealth Advisors LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $30,000. Finally, Signature Resources Capital Management LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 161.1% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock valued at $37,000 after purchasing an additional 812 shares during the period.
Schwab Fundamental U.S. Large Company ETF Price Performance
NYSEARCA:FNDX opened at $32.53 on Monday. The stock has a fifty day simple moving average of $31.65 and a 200 day simple moving average of $30.13. The firm has a market capitalization of $27.46 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $25.40 and a 1-year high of $32.85.
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.
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