47,226 Shares in Schwab Fundamental U.S. Large Company ETF $FNDX Bought by Birchwood Financial Partners Inc.

Birchwood Financial Partners Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 47,226 shares of the company’s stock, valued at approximately $1,285,000. Schwab Fundamental U.S. Large Company ETF comprises 1.3% of Birchwood Financial Partners Inc.’s holdings, making the stock its 22nd largest holding.

Several other institutional investors also recently modified their holdings of the stock. Resources Management Corp CT ADV acquired a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at about $27,000. Capital Investment Advisory Services LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 82.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after buying an additional 615 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $39,000. RHL Group LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $41,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $42,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.4%

Shares of FNDX stock opened at $31.05 on Friday. The firm has a fifty day moving average of $30.25 and a 200-day moving average of $28.83. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $23.89 and a 12-month high of $31.56. The company has a market capitalization of $26.74 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87.

About Schwab Fundamental U.S. Large Company ETF

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.