Keybank National Association OH Makes New $425,000 Investment in Schwab Fundamental U.S. Large Company ETF $FNDX

Keybank National Association OH purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 17,303 shares of the company’s stock, valued at approximately $425,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNDX. Woodside Wealth Management LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $25,000. Bridge Generations Wealth Management LLC lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 171.2% during the 1st quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock worth $28,000 after buying an additional 738 shares during the last quarter. Key Financial Inc lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 79.5% during the 1st quarter. Key Financial Inc now owns 1,346 shares of the company’s stock worth $32,000 after buying an additional 596 shares during the last quarter. Dagco Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $33,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 2nd quarter worth approximately $37,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX stock opened at $26.36 on Wednesday. The stock’s 50-day moving average is $26.23 and its two-hundred day moving average is $24.92. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $26.97. The firm has a market cap of $20.85 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

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.