Capital Advantage Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 48.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 149,125 shares of the company’s stock after purchasing an additional 48,529 shares during the quarter. Capital Advantage Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,058,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Bogart Wealth LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% in the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock valued at $43,000 after buying an additional 777 shares during the period. First Command Advisory Services Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter valued at $43,000. Fifth Third Bancorp bought a new position in Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $44,000. Manning & Napier Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the third quarter worth about $50,000. Finally, LGT Financial Advisors LLC increased its position in Schwab Fundamental U.S. Large Company ETF by 11,188.2% in the third quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock worth $50,000 after purchasing an additional 1,902 shares during the period.
Schwab Fundamental U.S. Large Company ETF Trading Down 1.1%
Shares of NYSEARCA:FNDX opened at $27.51 on Friday. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $29.37. The stock has a market capitalization of $22.79 billion, a P/E ratio of 17.86 and a beta of 0.93. The business has a 50-day moving average price of $28.50 and a two-hundred day moving average price of $27.32.
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.
Further Reading
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).
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