383,541 Shares in Schwab Fundamental U.S. Large Company ETF $FNDX Purchased by ARQ Wealth Advisors LLC

ARQ Wealth Advisors LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the first quarter, HoldingsChannel reports. The institutional investor acquired 383,541 shares of the company’s stock, valued at approximately $10,682,000. Schwab Fundamental U.S. Large Company ETF accounts for 1.9% of ARQ Wealth Advisors LLC’s portfolio, making the stock its 14th biggest position.

Several other large investors have also recently made changes to their positions in FNDX. Capital Advantage Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 48.2% during the fourth quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock valued at $4,058,000 after acquiring an additional 48,529 shares in the last quarter. Belpointe Asset Management LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 3.1% during the 4th quarter. Belpointe Asset Management LLC now owns 1,345,095 shares of the company’s stock valued at $36,600,000 after purchasing an additional 40,963 shares during the last quarter. Foguth Wealth Management LLC. purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $4,500,000. Breakwater Capital Group increased its stake in Schwab Fundamental U.S. Large Company ETF by 126.9% during the 4th quarter. Breakwater Capital Group now owns 268,056 shares of the company’s stock valued at $7,294,000 after purchasing an additional 149,914 shares in the last quarter. Finally, BCS Wealth Management raised its holdings in Schwab Fundamental U.S. Large Company ETF by 163.4% in the fourth quarter. BCS Wealth Management now owns 469,554 shares of the company’s stock worth $12,777,000 after buying an additional 291,280 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.3%

Shares of NYSEARCA FNDX traded up $0.10 during midday trading on Friday, hitting $31.41. The stock had a trading volume of 2,716,450 shares, compared to its average volume of 5,273,003. The business’s 50 day moving average is $30.87 and its 200-day moving average is $29.25. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $24.27 and a 52 week high of $31.56. The company has a market cap of $26.23 billion, a P/E 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.