HB Wealth Management LLC Acquires 16,328 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

HB Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 65.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 41,338 shares of the company’s stock after purchasing an additional 16,328 shares during the period. HB Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,151,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. BIP Wealth LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 41.1% during the first quarter. BIP Wealth LLC now owns 22,069 shares of the company’s stock valued at $615,000 after purchasing an additional 6,426 shares in the last quarter. Kelman Lazarov Inc. raised its stake in Schwab Fundamental U.S. Large Company ETF by 0.6% in the first quarter. Kelman Lazarov Inc. now owns 2,371,188 shares of the company’s stock worth $66,038,000 after buying an additional 14,759 shares in the last quarter. Keybank National Association OH lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 50.2% during the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock worth $346,857,000 after buying an additional 4,162,731 shares during the period. BetterWealth LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the first quarter worth $336,000. Finally, Capital Investment Counsel LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 2.9% during the 1st quarter. Capital Investment Counsel LLC now owns 13,457 shares of the company’s stock valued at $375,000 after acquiring an additional 381 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.6%

Shares of NYSEARCA:FNDX opened at $31.14 on Thursday. The company has a market capitalization of $26.00 billion, a PE ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $24.27 and a 12-month high of $31.56. The business’s fifty day simple moving average is $30.80 and its 200-day simple moving average is $29.21.

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.