American Trust Buys New Shares in Schwab Fundamental U.S. Large Company ETF $FNDX

American Trust purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 479,917 shares of the company’s stock, valued at approximately $11,777,000. Schwab Fundamental U.S. Large Company ETF makes up about 1.1% of American Trust’s holdings, making the stock its 14th biggest position.

Several other hedge funds also recently modified their holdings of FNDX. Orion Porfolio Solutions LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 31.4% during the second quarter. Orion Porfolio Solutions LLC now owns 118,721 shares of the company’s stock worth $2,913,000 after acquiring an additional 28,379 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 2nd quarter valued at approximately $322,000. TT Capital Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the second quarter valued at $706,000. B. Riley Wealth Advisors Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF during the second quarter worth $202,000. Finally, Advisory Services Network LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 6.2% during the second quarter. Advisory Services Network LLC now owns 90,206 shares of the company’s stock worth $2,229,000 after buying an additional 5,265 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $27.36 on Monday. The company has a fifty day moving average price of $26.65 and a two-hundred day moving average price of $25.64. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $27.57. The stock has a market cap of $21.67 billion, a P/E 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.