Cowa LLC Grows Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Cowa LLC lifted its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 76.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 230,243 shares of the company’s stock after purchasing an additional 99,958 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises 1.9% of Cowa LLC’s holdings, making the stock its 15th largest position. Cowa LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $6,265,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Capital Investment Advisory Services LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after purchasing an additional 615 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $39,000. RHL Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $41,000. Fifth Third Bancorp purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter worth about $44,000. Finally, LGT Financial Advisors LLC raised its stake in shares of 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 last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 1.5%

Shares of NYSEARCA:FNDX opened at $31.02 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $23.89 and a 52-week high of $31.29. The stock has a market cap of $26.72 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The business has a 50-day moving average price of $29.94 and a 200-day moving average price of $28.68.

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.