Bedel Financial Consulting Inc. Buys 23,245 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Bedel Financial Consulting Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 182.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,995 shares of the company’s stock after buying an additional 23,245 shares during the period. Bedel Financial Consulting Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,002,000 at the end of the most recent reporting period.

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

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA FNDX opened at $31.41 on Monday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.27 and a twelve month high of $31.56. The business has a 50-day moving average price of $30.87 and a 200-day moving average price of $29.27. The firm has a market cap of $26.23 billion, a price-to-earnings 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.