Flatrock Wealth Partners LLC Acquires Shares of 235,974 Schwab Fundamental U.S. Large Company ETF $FNDX

Flatrock Wealth Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 235,974 shares of the company’s stock, valued at approximately $6,572,000. Schwab Fundamental U.S. Large Company ETF comprises about 3.0% of Flatrock Wealth Partners LLC’s investment portfolio, making the stock its 10th biggest position.

Several other hedge funds have also made changes to their positions in FNDX. Keenan LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $27,000. Resources Management Corp CT ADV purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth approximately $27,000. Ascentis Independent Advisors acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter worth $28,000. Capital Investment Advisory Services LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 82.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock valued at $37,000 after buying an additional 615 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at $39,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $31.34 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a one year low of $24.27 and a one year high of $31.56. The company has a market cap of $26.15 billion, a P/E ratio of 17.86 and a beta of 0.87. The firm has a fifty day moving average of $30.77 and a two-hundred day moving average of $29.18.

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.