Reston Wealth Management LLC Has $61.71 Million Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Reston Wealth Management LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,346,302 shares of the company’s stock after purchasing an additional 56,618 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for about 19.9% of Reston Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Reston Wealth Management LLC owned about 0.30% of Schwab Fundamental U.S. Large Company ETF worth $61,708,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of FNDX. Townsend Asset Management Corp NC ADV boosted its position in Schwab Fundamental U.S. Large Company ETF by 1.2% during the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock valued at $898,000 after acquiring an additional 436 shares in the last quarter. Mather Group LLC. boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the second quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after purchasing an additional 468 shares in the last quarter. Valley National Advisers Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 0.9% in the third quarter. Valley National Advisers Inc. now owns 50,998 shares of the company’s stock worth $1,341,000 after purchasing an additional 474 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Schwab Fundamental U.S. Large Company ETF by 2.0% in the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 27,365 shares of the company’s stock worth $672,000 after purchasing an additional 546 shares in the last quarter. Finally, Warner Financial Inc. raised its holdings in Schwab Fundamental U.S. Large Company ETF by 0.5% in the third quarter. Warner Financial Inc. now owns 113,713 shares of the company’s stock worth $2,991,000 after purchasing an additional 546 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.7%

Shares of FNDX stock opened at $27.21 on Friday. The company’s fifty day moving average price is $26.93 and its 200-day moving average price is $25.94. The stock has a market cap of $21.55 billion, a PE ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $27.57.

Schwab Fundamental U.S. Large Company ETF 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.