Nicholson Meyer Capital Management Inc. Boosts Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Nicholson Meyer Capital Management Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 4.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 415,763 shares of the company’s stock after purchasing an additional 17,885 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up about 8.6% of Nicholson Meyer Capital Management Inc.’s holdings, making the stock its 4th largest position. Nicholson Meyer Capital Management Inc. owned approximately 0.05% of Schwab Fundamental U.S. Large Company ETF worth $10,203,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Townsend Asset Management Corp NC ADV lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 1.2% during the second quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock worth $898,000 after acquiring an additional 436 shares during the period. Archvest Wealth Advisors Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.6% in the first quarter. Archvest Wealth Advisors Inc. now owns 29,063 shares of the company’s stock valued at $686,000 after buying an additional 455 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 3.2% in the first quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 15,045 shares of the company’s stock valued at $355,000 after buying an additional 460 shares during the period. Financial Synergies Wealth Advisors Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.8% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 56,968 shares of the company’s stock valued at $1,345,000 after buying an additional 466 shares during the period. Finally, Mather Group LLC. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% in the second quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after buying an additional 468 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA:FNDX opened at $26.31 on Monday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $26.51. The firm has a market cap of $19.99 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. The business’s fifty day moving average is $25.50 and its 200 day moving average is $24.22.

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.