Schwab Fundamental U.S. Large Company ETF $FNDX Shares Purchased by Asset Allocation Strategies LLC

Asset Allocation Strategies LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.3% in the 4th quarter, HoldingsChannel reports. The fund owned 552,591 shares of the company’s stock after acquiring an additional 27,675 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises approximately 2.9% of Asset Allocation Strategies LLC’s holdings, making the stock its 10th biggest position. Asset Allocation Strategies LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $15,036,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. TradeWell Securities LLC. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth $346,153,000. Keybank National Association OH raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% in the 4th quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock worth $225,618,000 after acquiring an additional 8,266,612 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 3,064.0% in the 4th quarter. Bank of New York Mellon Corp now owns 2,528,667 shares of the company’s stock worth $68,805,000 after acquiring an additional 2,448,747 shares in the last quarter. Cornerstone Planning Group LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 839,967.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,562,526 shares of the company’s stock worth $44,188,000 after acquiring an additional 1,562,340 shares in the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock worth $44,661,000 after acquiring an additional 879,651 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.9%

FNDX stock opened at $31.30 on Friday. The stock has a 50-day moving average price of $30.00 and a 200-day moving average price of $28.69. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $23.89 and a 1-year high of $31.38. The firm has a market cap of $26.96 billion, a PE ratio of 17.86 and a beta of 0.87.

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.